Volvo extends warranty on stalling cars

Volvo, a division of Ford Motor Co., has 'quietly' agreed to extend the warranty of defective throttles on 356,000 vehicles in the U.S. and Canada. The throttle can become corroded and force the car to stall or slow down. The warranty will be bumped to 200,000 miles or 10 years. The current warranty protection covers seven years or 70,000 miles. As part of the agreement, Volvo would also reimburse owners who already had the defective throttles replaced. The cost to replace the throttle can reach up to $1000. 

So far this has not turned into a recall situation. If the lawyers suing Volvo have anything to do with it, Volvo may end up replacing the throttles through a recall, which Volvo may end up doing anyways as a matter of course. A Volvo spokesman said up to 94 percent of the throttles could fail before 100,000 miles. Thus far, Volvo has spent $12.5 million on repairing and replacing defective throttles.