VW's Recall Needs Two Visits Per Car as Profit Outlook Sinks to 1%
Article excerpt
Volkswagen's autumn is turning into a test of logistics as much as engineering. A global safety campaign covering roughly three million vehicles is running into a parts bottleneck, just as the group's earnings guidance takes a far more serious hit. Internal communications to service partners reveal that the corrosion-resistant specialty bolt at the heart of the recall is not available in sufficient quantities. The fix concerns a fastening screw on the steering gear that can corrode under exposure to road salt and moisture. According to Germany's Federal Motor Transport Authority (KBA), the bolt risks snapping and causing the steering to fail without warning. No accidents involving injury or property damage have been reported to authorities so far. Because the proper part is scarce, workshops are being told to fit a conventional bolt in the interim, with a second appointment to follow once final components arrive. A company spokesperson described the two-stage approach as a sensible way of proceeding. The underlying defect spans high-volume model lines built between 2013 and 2024. Within the core VW brand alone, some 2.1 million vehicles worldwide are affected, including such ubiquitous nameplates as the Golf, Tiguan, Touran and Caddy. Nearly 700,000 Audi Q3 units must also be checked, alongside vehicles from Spanish subsidiary Seat. At least 950,000 examples across the...
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Volkswagen slashed its forecast for the full-year 2026 operating return on sales to as low as 1%.
