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“Even if they post a for­mal request for an addi­tion­al recall, it is high­ly unlike­ly we will agree.… [Bridge­stone will con­tin­ue to offer] full sup­port [to the sub­sidiary].” — Bridge­stone Pres­i­dent Shi­geo Watan­abe
“Fire­stone was asked to recall some of the tires & they refused to do so. There­fore, NHTSA will issue an ini­tial defect deci­sion, the next step towards a forced recall.” — Trans­porta­tion Depart­ment spokesman Chet Lun­ner
Significant Points
Exact num­ber of tires NHTSA wants recalled yet to be revealed
USA Today esti­mat­ed 4M; The Wash­ing­ton Post reports up to 7M tires may be recalled
Bridge­stone has nev­er post­ed a loss since list­ing stock in Tokyo 30 years ago
Situation
US Nation­al High­way Traf­fic Safe­ty Admin (NHTSA) com­plet­ed defect inves­ti­ga­tion of Fire­stone & informed tire­mak­er of results
NHTSA wants Fire­stone to do broad­er recall of Wilder­ness AT tires
Firestone’s parent’s pres­i­dent, Bridge­stone Corp of Japan, says US tires are safe & no data proves oth­er­wise
Bridge­stone regrets suf­fi­cient con­sid­er­a­tion not giv­en to Bridgestone/Firestone’s research results
Bridge­stone warned last month it would sink into red on par­ent net basis in 2001




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