Friday, January 22, 2010

Accelerator Problem Decelerate Toyota – Recalled 2.3 Million Faulty Vehicles

. Friday, January 22, 2010

By stockOzone team

One of the largest auto makers in the world Toyota, on Thursday issued a recall covering 2.3 million its line of late model cars, SUVs and pickup trucks, due to a potential accelerator pedal problem.

The automaker previously recalled about 4.2 million Toyota and Lexus vehicles to reduce the risk of pedal "entrapment" caused by floor mats, according to a news release issued by Toyota Motor Sales U.S.A. About 1.7 million Toyota vehicles are subject to both recalls, the company said.

"In 'rare instances' the accelerator pedal may stick in a partially depressed position or return slowly to the idle position, Toyota Group Vice President Irv Miller said."

In November, Bob Carter, Toyota's U.S. brand chief, said there was "no evidence" to support claims that the reported safety problems could be caused by anything other than loose floor mats interfering with the accelerator pedal.

The National Highway Traffic Safety Administration had received reports of 100 incidents at the time of Toyota's first recall. Those reports included 17 crashes and five fatalities possibly linked to floor mats and accelerator pedals in Toyota cars and trucks.

One of those crashes involved a Lexus that accelerated to more than 120 mph before crashing in San Diego, killing four people.

The safety stumbles have dinged Toyota's reputation in the U.S. as a builder of dependable, high-quality cars. Last year's recall was the sixth-largest ever in the United States.

Toyota Affected Models are:

• 2009-2010 RAV4
• 2009-2010 Corolla
• 2009-2010 Matrix
• 2005-2010 Avalon
• 2007-2010 Camry
• 2010 Highlander
• 2007-2010 Tundra
• 2008-2010 Sequoia

Disclosure: Author does not own any of the stocks discussed here.





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