Volkswagen to recall over 60,000 US vehicles, NHTSA says
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Volkswagen is recalling 60,490 U.S. vehicles due to a gear position display failure, which could lead to vehicle rollaway and increased crash risk, according to the NHTSA.
March 01, 2025 | 10:45 am
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Volkswagen is recalling 60,490 U.S. vehicles due to a gear position display failure, which could lead to vehicle rollaway and increased crash risk, according to the NHTSA.
The recall of over 60,000 vehicles due to a safety issue is likely to negatively impact Volkswagen's stock in the short term. Safety recalls can lead to increased costs, potential legal liabilities, and damage to brand reputation, all of which can affect investor sentiment.
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