Settlement - USA - Bridgestone Firestone to Pay Ford $240 Million for Tire Recall
NASHVILLE, Tenn.,USA -kcbs/AP, by ROSE FRENCH -12 Oct 2005: -- 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, the North American unit of Japan's Bridgestone Corp., and Ford reached a settlement that will help cover the costs of the automaker's 2001 tire-replacement program, which followed the tire recall, said Saul Solomon, vice president and general counsel of Nashville-based Bridgestone Firestone...
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