US: COLLUSION BY FORD OVER CAR TYRE FLAW?

Article Abstract:

US-based car manufacturer, Ford, may have conspired with Bridgestone/Firestone to hide problems with car tyres fitted to Ford Explorers between 1997-1999, prior to the firms revealing a voluntary recall. It emerged on 6 September 2000 that Bridgestone's US-based Firestone arm had been accumulating information regarding problems even though it had denied this claim previously. The voluntary recall was announced on 9 August 2000 and impacted 6.5mn tyres.

United States, Motor vehicles and car bodies, Product standards, safety, & recalls, Motor Vehicles & Parts, Transportation Equipment Manufacturing, Utility Vehicles, Light Truck and Utility Vehicle Manufacturing, Motor Vehicles and Equipment, Tires and inner tubes, Tires, Tire Manufacturing (except Retreading), Product defects and recalls, Brief Article, Automobile industry, Ford Motor Co., Transportation equipment industry, Sport utility vehicles, F, Tire industry, Firestone Tire & Rubber Co., Ford Explorer (Sport-utility vehicle)

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UK: CONCERN OVER ABE DIVISION IN RECEIVERSHIP

Article Abstract:

Associated British Engineering's (ABE) decision earlier in February 2000 to hire receivers for its Associated British Engineering Catering unit has caused consternation among suppliers. ABE's move has resulted in GB[pound] 120,000 being owed to three businesses, among them Stoke-based Churchill China. ABE had previously stated its intention finance the 100%-owned unit to enable it to remain a going concern until mid-2000 at least.

Organizational history, Management

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UK: HAWTAL RESTATES PROFITS

Article Abstract:

Hawtal Whiting Holdings will restate profits for 1999 at GB[pound] 1.2mn, compared with the GB[pound] 2.5mn result reported in May 2000. The UK-based automotive design and engineering business noted that additional costs were expected from certain contracts.

Sales, profits & dividends, Finance, Hawtal Whiting Holdings PLC

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