💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Audi recalls A8 models in South Korea due to stalling problem

Published 08/24/2016, 07:50 AM
Updated 08/24/2016, 08:00 AM
© Reuters. View shows Audi logo in Moscow
VOWG_p
-
NSUG
-

SEOUL (Reuters) - Audi (DE:NSUG) is recalling 1,534 A8 cars in South Korea due to a stalling problem, the transport ministry said on Wednesday, adding it was the first country where the German carmaker was recalling the model for such a defect.

The Volkswagen (DE:VOWG_p) division will expand the recall to the United States and other countries, South Korea said, in what would be a further blow to the German company reeling from its emissions-test cheating scandal.

An Audi Volkswagen Korea spokeswoman confirmed it was the first recall for such a defect but said she was not aware of any plans to expand the recall to other countries.

South Korea, a major market for the A8, has sought to punish Volkswagen aggressively following the scandal, suspending sales of some Volkswagen, Audi and Bentley cars for allegedly forging documents on emissions or noise-level tests.

The ministry said it had found a design problem in a coolant control valve, which was causing the affected models to stall. This is a "serious defect which hampers safe driving," the ministry said in a statement.

An Audi spokesman in Germany said a magnetic valve near the car's gearbox needed to be replaced and that there had been no other recalls in other countries so far.

© Reuters. View shows Audi logo in Moscow

The model in question is the A8 4.2 FSI Quattro produced between July 2010 and April 2012.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.