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It is estimated that these tire failures and rollovers cost Bridgestone/Firestone $1.67 billion [72] and Ford Motor Company $530 million. Bridgestone's market price dropped by 50% and the resulting restructuring cost Bridgestone $2 billion. In 2001, Ford recorded a loss of $5.5 billion.
Firestone Tire and Rubber Company is an American tire company founded by Harvey S. Firestone (1868–1938) in 1900 initially to supply solid rubber side-wire tires [2] for fire apparatus, [3] and later, pneumatic tires for wagons, buggies, and other forms of wheeled transportation common in the era.
In 1926, the Liberian government granted Firestone a 99–year lease for a million acres (to be chosen by the company wherever in Liberia) at a price of 6 cents per acre, [2] Firestone then set about establishing rubber tree plantations of the non–native South American rubber tree, Hevea brasiliensis in the country, eventually creating the ...
Another common practice is for a tire manufacturer to offer hearty rebates. Goodyear, Michelin, Continental, Firelli and Firestone were, as of publication, all offering rebates between $60-$110 ...
Titan Tire Corporation [77] USA: 1993 Goodyear (farm tires), Titan, Continental (OTR only) [78] Tigar Tyres Serbia: 2002 Tigar: Tomket Tires [79] [non-primary source needed] Czech Republic: 1997 Tomket (Czech brand of low category is made in China) Toyo Tire & Rubber [80] Japan: 1945 Nitto, Silverstone, Toyo: Trayal Corporation Serbia: 1955 ...
Harvey Samuel Firestone Jr. (April 20, 1898 – June 1, 1973) was an American businessman. He was chairman of the board of the Firestone Tire and Rubber Company . Biography
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