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The first Bridgestone tire was produced on 9 April 1930, by the Japanese "Tabi" Socks Tire Division (actually made jika-tabi). One year later on 1 March 1931, the founder, Shojiro Ishibashi, made the "Tabi" Socks Tire Division independent and established the Bridgestone Tire Co., Ltd. [9] in the city of Kurume
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. [59]
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U.S. Senator Chris Van Hollen has introduced legislation seeking to halt American weapons sales to the United Arab Emirates until the United States certifies that the UAE is not arming the ...
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