graphic
Personal Finance > Your Home
Ford initiates safety measures
September 6, 2000: 9:49 p.m. ET

CEO Nasser announces initiatives during government recall hearing
graphic
graphic graphic
graphic
NEW YORK (CNNfn) - In testimony before congressional investigators Wednesday, Ford Motor Co. Chief Executive Jacques Nasser announced new safety initiatives to provide improved analysis of tire safety data and improve distribution of information on safety actions to governments around the world.

graphic"While this is clearly a tire issue and not a vehicle issue, we feel a responsibility to do our best to prevent a situation like this from ever happening again," Nasser said of the massive recall of Firestone tires that prompted the congressional probe.

Nasser said Ford will work with the tire industry to develop and implement an "early warning system" to detect the first signs of tire defects on vehicles already on the road. "This new system will require that tire manufacturers provide comprehensive real world data on a timely basis. We're confident the tire industry will work closely with us on this issue."

The nation's No. 2 automaker will also advise U.S. safety authorities of safety actions the company takes in overseas markets, and vice versa.

"From now on, when we know of a safety action, so will the world, even if some customers are totally unaffected," said Nasser.

The company said the commitment is expected to start immediately. Back to top

  RELATED STORIES

Firestone, Ford under fire - Sep. 6, 2000

  RELATED SITES

Ford Motor Co.


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.