Volvo is recalling another 306,782 older models globally in the U.S. for potentially defective driver-side airbags after a rupture incident resulted in a death.

The recall affects certain V70 and XC70 vehicles from the 2001 to 2007 model years.

The latest recall comes after Volvo this month said it was recalling more than 460,000 older models globally for potentially defective driver-side airbags that have been linked to the one death. The affected vehicles in the early October recall are the S80 sedan from the 2001-06 model years and the S60 sedan from the 2001-09 model years.

With the expanded scope, Volvo said the total number of vehicles being recalled globally is 767,551.

"We are continuing to perform extensive investigations to determine whether other cars might be at risk," Volvo spokesman Thomas McIntyre Schultz said in a statement to Automotive News. "The issue only affects cars from a previous product generation. No cars in our current lineup are affected by this."

In both recalls, the inflator manufacturer is German auto supplier ZF Friedrichshafen. Autoliv is the airbag assembly manufacturer.

Driver-side airbag inflators in vehicles affected by both recalls may explode during deployment, increasing the risk of sharp metal fragments striking the driver or other vehicle occupants and resulting in injury or death, according to a safety recall report submitted to NHTSA.

The airbags contain a propellant that can degrade over time after long-term exposure to high temperatures and humidity.

Airbag inflators "exposed to critical environments — hot and humid — frequently during its lifetime are at highest risk," according to the NHTSA document.

Volvo said its investigations show that there is a low likelihood of the issue happening.

The defect appears similar to that found in airbags made for many years by the former Takata Corp., which resulted in the largest recall in automotive history. Volvo's recall is not part of the ongoing NHTSA investigation.

Volvo will replace the driver-side airbags in the affected vehicles with a more modern propellant and inflator.

Dealers were notified starting Oct. 14. Vehicle owners will be notified starting Dec. 14.

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The company said its third-quarter net income rose 389%. However, the manufacturer's shares declined after the release of reports.
Tesla has published a report for the third quarter of 2021. The company reported an almost fivefold increase in net income over the same period last year. The company earned $ 1.618 billion on GAAP, the third consecutive profit. A year earlier, the figure was $ 331 million.

Elon Musk's company also achieved record revenue growth. In three months, total revenue increased 57% to $ 13.76 billion.

Tesla's automotive division's revenue rose 58% to $ 12.02 billion. It is noteworthy that the company was able to reduce the share of statutory loans in revenue to 2.3% or $ 279 million. In the previous quarter, they amounted to 3.5% or $ 354 million.
Production of electric cars in the company grew by 64%, to 273.8 thousand units - despite the shortage of chips and supply chain problems affecting the industry.

In early October, the company announced record growth in electric vehicle sales, with Tesla shipped 241,300 vehicles in just the third quarter, up 73% from a year earlier and 20% more than in the second quarter. A significant part of this amount was made up of cars produced in China - 56 thousand units in September this year alone.
Tesla is more vertically integrated than its competitors, according to analysts polled by The Wall Street Journal, helping the company better manage chip shortages.

According to the average forecast of analysts surveyed by FactSet, in the fourth quarter, electric vehicle shipments in Tesla will continue to grow and reach 266 thousand. last year, when it delivered almost 500 thousand electric cars.
Despite the record results, Tesla shares fell 1.62% on the postmarket on October 20, to $ 851.8 per share.

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Tesla didn’t make the long-awaited announcement of the production of Cybertruck trucks, noting only that this will happen after the start of production of the Model Y in Austin, where Tesla is building a new car assembly plant.