Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Bridgestone Firestone to Pay Ford $240M

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Latest Breaking News Donate to DU
 
DelawareValleyDem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-12-05 10:11 AM
Original message
Bridgestone Firestone to Pay Ford $240M
NASHVILLE, Tenn. - Bridgestone Firestone North American Tire has agreed to pay $240 million to Ford Motor Co. to settle claims related to the tiremaker's 2000 recall of defective tires, Bridgestone Firestone said Wednesday.

http://news.yahoo.com/s/ap/20051012/ap_on_bi_ge/bridgestone_firestone_ford_settlement
Printer Friendly | Permalink |  | Top
JNelson6563 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-12-05 10:16 AM
Response to Original message
1. At least Ford can make payroll another week
;-)
Printer Friendly | Permalink |  | Top
 
Orrin_73 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-12-05 10:21 AM
Response to Original message
2. Because of Bridgestones faulty tires
Edited on Wed Oct-12-05 10:22 AM by Orrin_73
ford lost billions of dollars of market value, this 240 million dollars will only be a drop on a hot plate.
Printer Friendly | Permalink |  | Top
 
Botany Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-12-05 10:34 AM
Response to Original message
3. But Ford knew that their SUVs were subject to roll over and ......
.... and told owners to under inflate the tires on their SUVs to
give em better grip ...... that went along way to causing the tire
problems.


Printer Friendly | Permalink |  | Top
 
kcass1954 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-12-05 10:53 AM
Response to Reply #3
4. Yeah - notice how few rollovers there are now since Ford redesigned
the Explorer?

Printer Friendly | Permalink |  | Top
 
Botany Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-12-05 10:59 AM
Response to Reply #4
5. so noted ....
.... lower profile ..... less tippy ..... the tires had some fault but they were
not the chief cause.

I met a retired tire engineer in Akron ..... when you tell people to under inflate
their tires ..... they will fail ..... ford told the owners of SUV to do just that.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Fri Apr 19th 2024, 02:10 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC