One problem related to engine belts and pulleys has been reported for the 1996 Toyota Corolla. The most recently reported issues are listed below.
I no longer own this vehicle, but it was a 1996 Toyota Corolla, and I hope the information I provide here can help somehow with any current investigations. Around 100,000 miles, I took my car to a non-dealer mechanic to replace my timing belt as a matter of maintenance. After this replacement, my cruise control never worked again, and I noticed that in moments of deceleration (either in braking or coasting) that the engine would suddenly race and I could feel the gas pedal pull from its resting position. Please note that the model I've indicated is inaccurate -- I don't recall what the model was as I no longer own the vehicle. I've been as specific as I can be. I just thought it might prove useful. The incident date is also inaccurate as this occurred frequently enough to notice, but not often enough or severely enough to warrant my taking to a dealer.