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Volkswagen recalls 950,000 Polo, Lupo models due to brakes

June 4, 2002 Bloomberg News reported that Volkswagen AG, Europe's largest carmaker, said it will recall 950,000 vehicles to fix the brakes in the Polo and Lupo models. The carmaker will recall all Lupos and Polos made in 1998 and 1999, said spokesman Hans-Gerd Bode. The two models account for 9 percent of the company's total production. The fault has forced drivers to step harder on the pedal to get full braking power, Bode said. There have been no accidents or injuries due to the faulty components, he said. An unidentified supplier will pay ``a large part'' of the costs for the recall, he said. The German broadcaster N-TV and Deutsche Presse-Agentur news agency reported the story earlier today. Volkswagen shares fell as much as 1.07 euros, or 1.9 percent, to 55.43 euros.