Bullish Stance From Lampe
Speaking at a National Manufacturers Association conference in Nashville, John Lampe, chief executive of Bridgestone/Firestone’s US subsidiary, was extremely upbeat about the company’s future. “I’m convinced we have emerged from the recall stronger than ever before” he said, crediting the company’s “making it right” information programme with the restoration of consumer confidence. Analysts say that planned restructuring and cash reserves should be sufficient to deal with any further problems arising from the recall and lead to profitability of all divisions.
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