I have a fault code U0301 What does this mean

2005 VOLVO S40
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CARLTON001
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The car loses power on acceleration, and does not maintain any speed above forty MPH.
Mar 19, 2012 at 9:12 PM
Repair Safety Notice: This information is for general instructional purposes only. Vehicle repair can be dangerous. Verify all information, follow manufacturer service procedures, use proper tools and safety equipment, and consult a qualified repair shop when needed.
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