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Ex-PepsiCo CEO Indra Nooyi worked from midnight until 5 a.m. as a receptionist to pay for her Yale degree—and she says ‘respect went up’ because of it

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Ex-PepsiCo CEO Indra Nooyi worked from midnight until 5 a.m. as a receptionist to pay for her Yale degree—and she says ‘respect went up’ because of it

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Shark Tank's Kevin O'Leary says if he were 25 today, he'd chase these two booming opportunities in the world of AI

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China’s birth rate just hit its lowest point since 1949—and Trip.com cofounder James Liang thinks that’s a threat to innovation
Volvo

Why Volvo Is Recalling Its Newest Vehicles

By
Kirsten Korosec
Kirsten Korosec
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By
Kirsten Korosec
Kirsten Korosec
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November 9, 2016, 3:59 PM ET
26_Location_Front_Quarter_Volvo_S90_Mussel_Blue
26_Location_Front_Quarter_Volvo_S90_Mussel_Blue Courtesy of Volvo
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Volvo confirmed that it has issued a voluntary recall over a potential issue with the passenger seat buckle bolt.

About 74,000 vehicles will be affectedby the recall, according to Volvo.

Information on the recall was first reported by Automotive News. The recall affects model year 2016 and 2017 Volvo s60, S90, V60, VC60, and XC90 vehicles. Volvo spokesman Jim Nichols told Fortune that the automaker informed the National Highway Traffic Safety Administration on October 28 about the voluntary recall to inspect the passenger seat buckle bolt.

Volvo has inspected all cars from that date forward before they have been delivered to customers and letters are going out to owners very soon, Nichols added.

There have been no injuries or issues related to this issue, the company says. “We are being proactive in inspecting all vehicles in this range,” Nichols said. “The check lasts less than 2 minutes and we expect very few will need any repair.”

We Just Test Drove Volvo’s New Sedan In the Arctic Circle

The Swedish car maker, which is owned by Chinese company Zhejiang Geely Holding Group, has made safety a cornerstone of its business. It’s often the first to not just offer advanced driver assistance technology in the car, it’s also leader in making those safety features standard. Volvo is behind the three-point seatbelt, a 1959 invention that it would eventually open source so other automakers could adopt the safety feature. In 1963, Volvo was the first manufacturer to fit three-point safety belts as standard equipment in its cars, according to the company.

 

About the Author
By Kirsten Korosec
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