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VW to take US$600m+ hit from China gearbox recall

Volkswagen and its Chinese joint ventures recently announced a recall of 384,181 vehicles – the largest recall in the country to date - due to a problem with the dual-clutch transmission. The move is estimated to cost VW more than US$600m. Research company LMC Automotive puts the cost of replacing It’s time to log in … Continued

Volkswagen and its Chinese joint ventures recently announced a recall of 384,181 vehicles – the largest recall in the country to date - due to a problem with the dual-clutch transmission. The move is estimated to cost VW more than US$600m. Research company LMC Automotive puts the cost of replacing

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