graphic
News
Ford, Firestone to testify?
August 24, 2000: 1:04 a.m. ET

Senate Commerce Committee to summon top execs over tire recall
graphic
graphic graphic
graphic
NEW YORK (CNNfn) - Senate Commerce Committee chairman John McCain plans to summon top executives of  Ford Motor Co. and Bridgestone/Firestone Inc. to testify about their handling of the massive tire recall that has roiled both companies, the Wall Street Journal reported in its online edition Thursday.

graphicThe Arizona Republican plans to invite Ford Chief Executive Jacques Nasser, Bridgestone/Firestone Executive Vice President John Lampe, officials with the National Highway Traffic Safety Administration and consumer advocates to the Sept. 6 hearing, a congressional staff member told the Journal.

The hearing will be the first chance for lawmakers to question executives and federal officials on the Bridgestone/Firestone recall, which included 6.5 million 15-inch ATX, ATX II and Wilderness tires, mounted on Ford's popular Explorer sport-utility vehicles. Bridgestone/Firestone announced the recall earlier this month, after widespread publicity of fatal accidents reportedly linked to treads' peeling off the tires.

The chairman of the House subcommittee on consumer affairs, Rep. Billy Tauzin (R., La.), has indicated he also will hold hearings, though no date has been announced, the Journal said.

Shares of Ford (F: Research, Estimates) fell 5/8 Wednesday to 27-3/8. Back to top

  RELATED STORIES

Tire recall woes continue - Aug. 22, 2000

Firestone says it acted on Wilderness tires - Aug. 18, 2000

Firestone extends tire reimbursement program - Aug. 17, 2000

Firestone recalls 6.5 million SUV tires - Aug. 9, 2000

  RELATED SITES

Bridgestone/Firestone

Ford Motor Co.

Center for Auto Safety

NHTSA


Note: Pages will open in a new browser window
External sites are not endorsed by CNNmoney




graphic

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.