Bridgestone to face $900 mil. group loss on tire recall

Bridgestone to face $900 mil. group loss on tire recall

TOKYO, Japan - Yoichiro Kaizaki, president of Bridgestone Corp., meets the press at the company's head office in Tokyo on Dec. 5. He said his company expects to incur a consolidated special loss of $900 million in the year ending in December due to the cost of a tire recall scandal involving its U.S. subsidiary Bridgestone/Firestone Inc.

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