Good post Scoffbelly. That pretty neatly sums up the situation I guess.
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Originally Posted by scoffbelly
With regard to Oilburners comment "the redesign would be enough to wipe out Volvo's profit for some time", surely Volvo have grounds to seek compensation from Magnetti Marelli for providing a defect part (unless of course it was Volvo designed ??).
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Wasn't the rumour that MM have already gone bust? Even if there's a new company trading as Magnetti Marelli now, Volvo AB wouldn't be able to sue them for problem with parts supplied from the previous incarnation of Magnetti Marelli...
Anyway, as you say, Volvo probably designed, or at least specified the part and Volvo knew about it problems as early as 1998, so it's not like Volvo have been taken by surprise on this.