P2240 Ambassador Custom is a DTC or a diagnostic trouble code. It is a check engine light code which indicates that the catalyst's system efficiency is less than the required threshold. In simple terms, it means that more pollution is added into the air than what was supposed to be because of your car. So if the problem persists despite of your diagnosis, then you should never hesitate to take your vehicle to your dealer or to a qualified mechanic.
Possible Causes :
With the valve disconnected, the red voltmeter lead should be attached to the IMRC valve power wire and the black voltmeter lead connected to ground. Pack the connector cavity with dielectric silicone compound (same stuff they use for light bulb sockets and spark plug wires) and reassemble. Oxygen sensors signal the engine management computer the amount of oxygen present in the exhaust, which is used in determining and controlling the fuel ratio.
Diagnostic trouble code P2240 Ambassador Custom is not difficult to diagnose and repair. Thus, it always pays to have a qualified technician to look after your vehicle should this error code arise.
Diagnosing this code requires the engine to be in good running shape, without unmetered air entering the engine. If other codes that relates to misfiring condition, lean running or air entering the engine is present, then you must first fix those error codes before P2240 Ambassador Custom.
Fortunately, P2240 Ambassador Custom is a fairly common OBD code, meaning that it applies to all makes and models of vehicles made after 1996.