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By Jeff Green and Margaret Cronin Fisk
+ J: n+ ~3 `, _3 `1 ]March 2 (Bloomberg) -- The U.S. National Highway Traffic
6 ~1 T: `" p6 E- G! W: W' \Safety Administration received four reports from drivers saying* w2 Z! g; U0 P+ _/ ^
their Toyota Motor Corp. vehicles experienced sudden unintended
+ q: D# Y, e- B* P3 Bacceleration after they were supposedly repaired in the" N" `' m' Z- U! ]# i" N! V/ m) X
automaker’s recalls.
3 j) K# a: k+ u5 a) A% |2 PThe reports were posted on the regulator’s Web site. A' B. y" Z* G+ X% H
Transportation Department spokeswoman, Olivia Alair, said the
2 A$ o1 F X) f! e: U magency is looking into the complaints and hasn’t confirmed their
9 i6 y, a# M. d. Q7 q9 h* {( mvalidity.
- V$ H' y Y3 L: b! P# g; z" YThe complaints were about a 2007 and 2010 Camry, 2009
8 o& p! r" g% ^, j0 n$ x: mMatrix and a 2008 Avalon that owners said had been repaired at
3 r& @$ a/ E0 Z6 H2 r' Q; X5 Zdealerships. Toyota has recalled more than 8 million vehicles- z h, J* a: m, o
globally to modify floor mats and accelerator pedals because of
- F# k4 d! ^" ?previous complaints.
8 H5 h6 p- e$ Y% q t/ i2 V1 w“We will continue to thoroughly investigate any complaints
1 K. ^9 w# `3 z: S- x* f& Y$ ^* Einvolving unintended acceleration,” said Brian Lyons, a Toyota
# e! e! t7 x( P' w$ \spokesman.
Y# o, F# r4 ?4 t. E; zNHTSA said today that Toyota crashes possibly linked to
7 k: r) m: R: }, ^ A9 yunintended acceleration have caused 43 fatal crashes with 521 h9 f( F+ O- }% u1 {
deaths and 38 injuries. About two-thirds of the incidents have
- W/ k. Y$ A9 ebeen reported since Toyota started recalling vehicles last year. C* H+ ?* a2 R6 N6 M) [. ]* g3 O
for unintended acceleration.
% \1 i$ F8 U* X5 p. R, d: T& e" z
( m. }( `4 ?8 A" ?5 W% z5 dReported Complaints. t7 i' v: M6 e6 S) Q
0 ^7 W' s& c. ?7 Y" T l0 rThe owner of the 2010 Camry wrote in the complaint that the* C3 x) R( O: I( {0 |" D$ P8 d
car was repaired Feb. 12 and accelerated unexpectedly for five
|9 e! V, K( C, Jto six seconds as the driver entered a parking lot on Feb. 17.
* l, E9 Q& X* b' M8 j: Q6 pThe owner of the Avalon and 2007 Camry said their vehicles were- k1 N2 x% x" s- U: ]# q, {
at the dealership for review after having repeat accelerations; A& N# P0 Z0 Y' g: D
incidents that were supposed to have been repaired earlier.
3 [3 W! [: U8 u8 G5 p5 cThe owner of the 2009 Matrix said the recall work was" E7 q3 {6 Z$ D# C
completed Feb. 10 and on Feb. 26 the car moved forward with the6 V7 |' Y6 V7 V/ D, p
driver’s foot on the brake in a parking lot.
. k/ O7 g X$ y. t O- B“I put my other foot on the brake as well,” the9 W) J1 P) x* C6 p2 | n
unidentified woman wrote in the complaint. “My son said ‘It’s; Z, s7 ^% |0 c
doing it again Mom!’ I put it in neutral, and we both heard the
$ C' Q1 l+ w+ k6 oengine wind out like I had pushed the gas pedal to the floor.$ a# g3 ^" G4 }2 r
This obviously means the recall ‘fix’ isn’t working!”2 z1 u% p$ _+ d+ ?+ W. Y% P
Toyota’s American depositary receipts, each equal to two
, K. T4 ?; { ^$ p' X5 Pordinary shares, rose 78 cents, or 1.1 percent, to $74.42 in New& G% H) ]' `# e# K( c7 c1 K3 g
York Stock Exchange composite trading. The shares have lost $343 U% c$ M9 R- g6 T
billion in value since Toyota announced a recall on Jan. 21. |
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