Volvo recalls 8,400 cars in US

Volvo Cars, owned by China's Geely, is recalling 8,406 S80 cars for a potential power steering fluid problem that could increase the risk of a crash, according to a federal safety regulator website. Volvo is recalling the 2007 model year cars, built between March 8, 2006, and May 16, 2007, to inspect a potential problem that could lead to a burst hose at the steering gear that would cause a sudden loss of power steering, according to the National Highway Traffic Safety Administration website.