Brief: Vmoto Ltd Announces Recall Campaign For CPX And VS1 Models In Europe

Vmoto

02/10/2023 09:16

Oct 2 (Reuters) - Vmoto Ltd  VMT.AX :
    * RECALL CAMPAIGN FOR CPX AND VS1 MODELS IN EUROPE
    * ESTIMATES TOTAL RECALL CAMPAIGN TO COST UP TO EUR 1
MILLION
    * RECALL BECAUSE COMPONENT SUPPLIER HAS IDENTIFIED A
POTENTIAL
ISSUES FOR SOME OF COMPONENTS SUPPLIED
    * ALL INSPECTIONS AND/OR REPLACEMENTS RELATED TO THIS RECALL
CAMPAIGN WILL BE COMPLETED FREE OF CHARGE TO CUSTOMER
    * AN ESTIMATED TOTAL OF 17,247 VEHICLES, MODEL CPX AND VS1,
ARE
AFFECTED
    * PRODUCT RECALL INSURANCE EXPECTED TO COVER UP TO MAXIMUM
OF EUR
500,000 OF COSTS OF RECALL CAMPAIGN

Source text for Eikon:  ID:nASXZlD75 
Further company coverage:  VMT.AX 

 ((Reuters.Briefs@thomsonreuters.com;))