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By Jeff Green and Margaret Cronin Fisk7 m3 E; S) O ?
March 2 (Bloomberg) -- The U.S. National Highway Traffic
/ t7 N5 v$ I5 d# R. }$ fSafety Administration received four reports from drivers saying$ M* r2 G0 l3 G1 }) C/ Q
their Toyota Motor Corp. vehicles experienced sudden unintended
3 w, s1 f! d: L5 n8 ^# C% _acceleration after they were supposedly repaired in the; ?; _6 J) _* f" m! ?
automaker’s recalls.
v$ V, {) C" W* bThe reports were posted on the regulator’s Web site. A
. y7 L" u" z" Z' Q9 ]# iTransportation Department spokeswoman, Olivia Alair, said the+ E" \3 a i0 j" i+ d
agency is looking into the complaints and hasn’t confirmed their+ K. A) T8 f+ h: z7 h0 b
validity.
3 ?; ?- s* A; ]3 R ^* {The complaints were about a 2007 and 2010 Camry, 20093 {' p) | q% Q' g4 G, f0 E
Matrix and a 2008 Avalon that owners said had been repaired at: M# N8 u+ B% a5 \3 n; X- W
dealerships. Toyota has recalled more than 8 million vehicles/ j3 [; W e) Y$ z. T
globally to modify floor mats and accelerator pedals because of
: ?$ @; p) I6 f" A+ y1 Dprevious complaints.) v Z* `3 N% W
“We will continue to thoroughly investigate any complaints {5 o) k5 C# A* N
involving unintended acceleration,” said Brian Lyons, a Toyota
# \" _( ?: K' \) wspokesman.
9 s- R$ R3 m) jNHTSA said today that Toyota crashes possibly linked to
8 f. e' ^& X6 V. ?7 z" `: k- H+ _7 Sunintended acceleration have caused 43 fatal crashes with 52
, W. o% m P9 z. |8 P, _deaths and 38 injuries. About two-thirds of the incidents have
; B( m# W( y; t% U! ^. rbeen reported since Toyota started recalling vehicles last year' q6 P9 y4 n( M5 t/ e9 n5 i* \# F, y
for unintended acceleration.
3 V- Z4 G4 @- x* l& `! `5 {0 i _" ?8 O) L2 s( x$ L
Reported Complaints
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# |0 [" O- j- F, A6 mThe owner of the 2010 Camry wrote in the complaint that the% c7 k ~! m" [ v
car was repaired Feb. 12 and accelerated unexpectedly for five
1 Z7 {+ K+ \" |! c" S& ?- W0 ~to six seconds as the driver entered a parking lot on Feb. 17.
6 U# q) f) o0 V9 v6 `The owner of the Avalon and 2007 Camry said their vehicles were
# p9 }8 P! Q1 j! c" d4 |2 g3 oat the dealership for review after having repeat accelerations
t7 u. t7 f' vincidents that were supposed to have been repaired earlier.
9 S; ^* X" R) a' l2 qThe owner of the 2009 Matrix said the recall work was, N. {! g) x. X: w/ A/ S
completed Feb. 10 and on Feb. 26 the car moved forward with the
( w5 P; ^1 n( @1 D1 H4 {0 \ odriver’s foot on the brake in a parking lot./ l( b! t& T2 V, ^
“I put my other foot on the brake as well,” the
! O, x+ Y2 c3 u1 M. b# F" A( vunidentified woman wrote in the complaint. “My son said ‘It’s
0 c; X: \. C# ~. Ldoing it again Mom!’ I put it in neutral, and we both heard the
. F; t0 W! j7 e3 dengine wind out like I had pushed the gas pedal to the floor.
" \4 S* j- Y9 r' d- @This obviously means the recall ‘fix’ isn’t working!”- t7 S0 T6 Y- A. Y2 z- e) R. g% H
Toyota’s American depositary receipts, each equal to two
3 _% Z, m/ C: T5 L+ U9 V5 a qordinary shares, rose 78 cents, or 1.1 percent, to $74.42 in New/ H Q2 I4 b" m2 X9 E, Z! J/ m* V) e
York Stock Exchange composite trading. The shares have lost $34$ d6 X/ b0 Q& h* E- U
billion in value since Toyota announced a recall on Jan. 21. |
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