Widespread recalls from Bridgestone Corp.’s Firestone Tire subsidiary dragged down Bridgestone’s profits by 2% in 2001. But the Japanese tire maker reportedly expects earnings to more than triple this year. Net earnings declined to ¥17.4 billion ($130 million) last year, from ¥17.7 billion ($133 million) the previous year. The drop was caused by a ¥203 billion ($1.5 billion) loss at its U.S. Bridgestone/Firestone subsidiary stemming from the recall of 6.5 million tires, as well as ...
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