Volvo Car Group is recalling about 507,000 vehicles around the world due to a potential fire risk. The recalled vehicles have a faulty engine component and affect a series of models from the company.
The recall affects the S60, S80, S90, V40, V60, V70, V90, XC60, and XC90 vehicles from model year 2014 to 2019. The affected vehicles are equipped with a 2.0-liter, four-cylinder diesel engine, according to Bloomberg.
Volvo discovered the issue during its own investigation, saying, “investigations have identified that in very rare cases the plastic engine intake manifold may melt and deform.” According to the company, a “localized engine bay fire may occur” in worst-case scenarios.
Stefan Elfstrom, a Volvo spokesman told Bloomberg, it is “keen to fix the faulty vehicles as fast as possible and customers won’t incur any costs related to addressing the error.” The recall does not affect vehicles in the U.S. and Canada.
The company has not received any reports of accident or injury related to the recall and said that all customers will receive a letter notifying them about the recall. They should their local Volvo dealer for repairs.
The recall comes as the company is looking to expand its utility vehicle line-up. Among the new models reportedly in the works: both a new flagship that would be dubbed the XC100, as well as an entry model that would slot in below the current Volvo base model, the XC40.
At the same time, the Chinese-owned carmaker is also set to expand its push into electrification with battery-powered versions of both the XC40 and the current brand flagship, the XC90, CEO Hakkan Samuelsson hinted at in a recent interview.
The company is looking to bolster its SUV line-up due to its models. During the company’s most recent quarterly earnings call, said Hakan Samuelsson, Volvo’s chief executive officer.
Volvo Car Group increased its revenue by 1.7% in the second quarter, but its net income dropped by more than half as the company faced the headwinds buffeting the global auto industry, prompting it to mount a cost-cutting campaign.
For the second quarter of the year, operating profit fell to Swedish Kroner 2.6 billion, while revenue rose to Swedish Kroner 67.2 billion. Samuelsson said the second quarter and first half year have demonstrated the attractiveness of the company’s product portfolio.