Volkswagen AG [volky] will recall certain autos with 1.8T and 2.OL gas engines in December, according to Reuters, reported Wednesday that it saw a copy of a company communication sent to dealers. The German car maker told has told its dealers and U.S. and Canadian transport regulators that it is recalling the vehicles on concerns the camshaft lobe in the car could detach, reducing engine and brake power. Volkswagen could not be reached for comment. On Tuesday, the company announced that its emissions-testing scandal has widened to include gas-fueled cars.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News