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Volvo recalls 507,000 vehicles worldwide over fire risk

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Swedish carmaker Volvo Car AB (publ.) is recalling 507,000 vehicles across the world due to a faulty engine component that could cause a fire, The Business Times reported. Volvo said that the recall includes models such as S60, S80, V40, V60 and XC60, which were produced between 2014 and this year.

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