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By Jeff Green and Margaret Cronin Fisk3 U/ U7 T& f( T9 R
March 2 (Bloomberg) -- The U.S. National Highway Traffic- p2 B' g1 n X! ?3 M$ j
Safety Administration received four reports from drivers saying
0 t9 ]/ `, ?7 ?6 X% i5 h' I+ b! ttheir Toyota Motor Corp. vehicles experienced sudden unintended! L, ~3 C v, a5 p
acceleration after they were supposedly repaired in the
C, v, E; w7 P1 Y6 Pautomaker’s recalls.2 M+ R# C1 ~" M0 N, w( f4 z8 A
The reports were posted on the regulator’s Web site. A
, v: H! X9 p/ ^Transportation Department spokeswoman, Olivia Alair, said the* x3 {$ e* I+ g9 F
agency is looking into the complaints and hasn’t confirmed their
/ o7 z- I7 X# Z- n7 a+ d# Y/ z9 \validity.
5 w! h- d# Y3 ]6 O2 }5 DThe complaints were about a 2007 and 2010 Camry, 20095 E( b9 @0 U- ~" ?7 l3 V: M1 ^
Matrix and a 2008 Avalon that owners said had been repaired at& t: T3 f/ a( F
dealerships. Toyota has recalled more than 8 million vehicles
- M& K2 {" c8 u3 E( Nglobally to modify floor mats and accelerator pedals because of' r6 Q2 ^* {9 A( N
previous complaints.2 E& L4 D% d" n( v: J4 o) X3 f# c8 [* C1 q
“We will continue to thoroughly investigate any complaints
) q6 X: Y5 b) `6 M( G! j9 l4 r8 `involving unintended acceleration,” said Brian Lyons, a Toyota
2 H% z' p, \& f$ C2 }( U0 k( cspokesman.: K g/ X* i( ~" f0 @$ t5 Q
NHTSA said today that Toyota crashes possibly linked to! d; |# \; I! [+ L
unintended acceleration have caused 43 fatal crashes with 52) p3 m1 x4 g- ~+ S7 r
deaths and 38 injuries. About two-thirds of the incidents have
: E: z# ~$ x0 H0 }! X. Qbeen reported since Toyota started recalling vehicles last year
1 W* _; a4 O# }# g+ s: a. dfor unintended acceleration.5 P5 n3 z( f, a
A0 B2 s9 |, p& _1 aReported Complaints
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The owner of the 2010 Camry wrote in the complaint that the
$ b2 V b$ ~- S; Dcar was repaired Feb. 12 and accelerated unexpectedly for five% @, f/ f+ e4 x2 o! s4 d9 Y
to six seconds as the driver entered a parking lot on Feb. 17.$ V! a3 c3 \! N S& O) t
The owner of the Avalon and 2007 Camry said their vehicles were
4 Z5 d* |" a7 Lat the dealership for review after having repeat accelerations
: |1 T# K; N3 P8 M& Wincidents that were supposed to have been repaired earlier. t0 k) \9 d8 U! \7 _% s
The owner of the 2009 Matrix said the recall work was! b# i: u U- \ v6 F
completed Feb. 10 and on Feb. 26 the car moved forward with the
3 @( {7 U. n7 j1 q. Odriver’s foot on the brake in a parking lot.3 m! U9 w. e+ X& O8 ?* m. `2 R
“I put my other foot on the brake as well,” the
4 C' b+ r8 Y+ i/ V7 I: U. Bunidentified woman wrote in the complaint. “My son said ‘It’s
9 A/ S- Q4 P1 `6 O! l `doing it again Mom!’ I put it in neutral, and we both heard the# N4 u Q4 L/ D! h7 S8 N
engine wind out like I had pushed the gas pedal to the floor.- W) R4 n6 \7 S) w' m5 z" {& ~
This obviously means the recall ‘fix’ isn’t working!”6 e" e2 N; {1 b
Toyota’s American depositary receipts, each equal to two7 z2 ~3 r( z5 H1 s2 Q
ordinary shares, rose 78 cents, or 1.1 percent, to $74.42 in New
2 W; o; ~0 y5 R7 w- IYork Stock Exchange composite trading. The shares have lost $343 s" X& z; n) f( S5 ]3 u
billion in value since Toyota announced a recall on Jan. 21. |
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