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Old 01-21-2002, 21:09   #1 (permalink)
 
Join Date: Feb 2001
Location: Rocklyn
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Ford Ending Firestone Buyouts

FORD ENDING FIRESTONE BUYOUTS
Ford is giving customers to the end of March to participate in its buyback
of what it considers faulty Firestone tires. Ford has spent some $3
billion replacing a total of nearly 9.5 million tires not covered by the
original 6.5-million tire recall triggered in August of 2000. Ford CFO
Martin Inglis says the company wants to encourage consumers to take part
in the program, and estimates the company might spend another $400 million
on replacing the tires, which are suspected in 271 deaths and thousands of
injuries.
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