Bridgestone cuts earnings forecast due to tire recall costs

Bridgestone cuts earnings forecast due to tire recall costs

TOKYO, Japan - Shigeo Watanabe, president of Bridgestone Corp., meets the press in Tokyo on Dec. 4. He said the company has cut its group earnings forecast for the current fiscal year through Dec. 31 due mainly to increased costs and losses connected to massive tire recalls at its U.S. unit, Bridgestone/Firestone Inc.

Firestone orders recall of 768,000 Wilderness AT tires

Firestone orders recall of 768,000 Wilderness AT tires

TOKYO, Japan - Bridgeston Corp. President Shigeo Watanabe speaks to reporters at the company's head office in Tokyo's Chuo Ward on Oct. 5 after Bridgestone/Firestone Inc., the company's subsidiary in the United States, was ordered by the National Highway Transport Safety Authority to recall 768,000 Wilderness AT tires.

Bridgestone chief to resign following tire recall

Bridgestone chief to resign following tire recall

TOKYO, Japan - Yoichiro Kaizaki, president of Bridgestone Corp., speaks at a news conference in Tokyo on Jan. 11. Kaizaki said he will resign apparently to take responsibility for deteriorating business following a recall of millions of defective tires last summer made by Bridgestone/Firestone Inc., the U.S. subsidiary of the Japanese tire maker.

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.

Ford should also be blamed for deaths: Bridgestone

Ford should also be blamed for deaths: Bridgestone

TOKYO, Japan - Yoichiro Kaizaki, president of tire maker Bridgestone Corp., met the press in Tokyo on Oct. 23 and suggested that Ford Motor Co. is partly responsible for highway deaths in the United States involving Ford's sport-utility vehicles and tires made by Bridgestone/Firestone Inc. His comments countered repeated arguments by Ford that tires were the cause of the accidents.

Bridgestone cuts earnings forecast due to tire recall costs

Bridgestone cuts earnings forecast due to tire recall costs

TOKYO, Japan - Shigeo Watanabe, president of Bridgestone Corp., meets the press in Tokyo on Dec. 4. He said the company has cut its group earnings forecast for the current fiscal year through Dec. 31 due mainly to increased costs and losses connected to massive tire recalls at its U.S. unit, Bridgestone/Firestone Inc.

Firestone orders recall of 768,000 Wilderness AT tires

Firestone orders recall of 768,000 Wilderness AT tires

TOKYO, Japan - Bridgeston Corp. President Shigeo Watanabe speaks to reporters at the company's head office in Tokyo's Chuo Ward on Oct. 5 after Bridgestone/Firestone Inc., the company's subsidiary in the United States, was ordered by the National Highway Transport Safety Authority to recall 768,000 Wilderness AT tires.

Bridgestone chief to resign following tire recall

Bridgestone chief to resign following tire recall

TOKYO, Japan - Yoichiro Kaizaki, president of Bridgestone Corp., speaks at a news conference in Tokyo on Jan. 11. Kaizaki said he will resign apparently to take responsibility for deteriorating business following a recall of millions of defective tires last summer made by Bridgestone/Firestone Inc., the U.S. subsidiary of the Japanese tire maker.

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.

Ford should also be blamed for deaths: Bridgestone

Ford should also be blamed for deaths: Bridgestone

TOKYO, Japan - Yoichiro Kaizaki, president of tire maker Bridgestone Corp., met the press in Tokyo on Oct. 23 and suggested that Ford Motor Co. is partly responsible for highway deaths in the United States involving Ford's sport-utility vehicles and tires made by Bridgestone/Firestone Inc. His comments countered repeated arguments by Ford that tires were the cause of the accidents.