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Liability Risk and Insurance

Bridgestone and Ford feel tyre pressure

Tyre manufacturer Bridgestone is to take an additional charge of ¥68bn (US$548mn) to cover further costs of Firestone tyre recalls. This is expected to put Bridgestone’s results into the red for the first time since its listing in 1961, with an expected net loss of ¥335bn at year-end.

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