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In 2003, Firestone settled a class action lawsuit by agreeing to pay $15.5 million for consumer education focusing on tire safety and $19 million in legal fees and $2,500 each to 45 plaintiffs. [62] In 2005 Firestone paid Ford $240 million to settle claims related to the recall. [63]
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.
The General Motors streetcar conspiracy refers to the convictions of General Motors (GM) and related companies that were involved in the monopolizing of the sale of buses and supplies to National City Lines (NCL) and subsidiaries, as well as to the allegations that the defendants conspired to own or control transit systems, in violation of Section 1 of the Sherman Antitrust Act.
For the next two decades, both tire manufacturers would claim race victories and speed records until Firestone left NASCAR in 1974. [4] In the late 1960s, the deaths of Jimmy Pardue and Billy Wade spurred both Goodyear and Firestone to manufacture the "Inner Liner Safety Spare," also known to NASCAR as "Lifeguard": a second internal envelope to ...
Voters in several states headed to the polls Tuesday, weighing in on key races up and down the ballot in Oregon, Georgia, Kentucky and Idaho. November match-ups were solidified in a number of ...
The Firestone Tire and Rubber Company and Bridgestone Tire Company Ltd. USA were amalgamated in 1990 and became "Bridgestone Firestone North American Holdings Ltd". The North American subsidiary of Bridgestone Corporation is now named Bridgestone Americas, Inc. The tire division is Bridgestone Americas Tire Operations, LLC.
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