VW recalls 2.6 million cars, many from China

Volkswagen (VOW3.ETR) is recalling 2.6 million cars for a variety of issues, roughly a third of them in China, Reuters reported. VW said on Thursday it was recalling 800,000 of its Tiguan compact sport-utility vehicle due to the risk of a partial malfunctioning of lights on models assembled between early 2008 and mid-2011. The recall involves vehicles from the German group’s five largest brands by volume, including luxury Audis and core VW passenger cars. While far short of Toyota’s 2009 recall of roughly 19 million cars, VW said that any question marks over reliability and inconvenience to customers was bad news.