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STOCKHOLM (Reuters) - The U.S. Environmental Protection Agency said on Wednesday it has been in talks with Volvo over the last few weeks about an issue with their catalytic converters that was causing some vehicles to exceed nitrogen oxide emission limits.

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FILE PHOTO: The logo of Volvo is seen on the front grill of a Volvo truck in a customer showroom at the company's headquarters in Gothenburg, Sweden, September 23, 2008. REUTERS/Bob Strong/File Photo/File Photo

Volvo warned a day earlier that some of its truck and bus engines could be exceeding limits for nitrogen oxide emissions as an emissions control component it uses was degrading more quickly than expected.

The Swedish truckmaker said it could face material costs to deal with the issue largely affecting trucks and buses sold in North America and Europe, its two largest markets, and that it was working with authorities to find a solution.

A spokesperson for the EPA told Reuters via email on Wednesday that the body was aware of the situation, which it said involved Volvo heavy duty trucks.

“Over the last few weeks, EPA and the California Air Resources Board have been communicating with Volvo about the problem and are now continuing to meet with the company to develop plans to quickly address this situation.”

Asked why Volvo had waited a couple of weeks before informing the market, a Volvo spokesman said the company needed to see whether this would be a large issue and it was standard protocol to inform authorities first.

“Authorities and legal bodies are normally informed prior to the markets because we inform them even if the problem is very, very small,” he said.

Volvo has not detailed when the affected trucks were sold or how many trucks are impacted, but has

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