DETROIT (Jan. 7)—Ford Motor Co. denies it has reached an agreement in principle with Bridgestone Corp. to reconcile after last May's acrimonious split. "All I can say is that nothing has changed since November," a Ford spokeswoman said. Ford CEO Nick Scheele and Bridgestone President Shigeo Watanabe met in Honolulu the weekend of Nov. 17, while Scheele and John Lampe, Bridgestone/Firestone Inc. CEO, met Dec. 10 in Detroit; the companies described the meetings as "fruitful and beneficial." According to a report from the Japanese newspaper "Yomiuri Shimbun," representatives of Ford, Bridgestone and Bridgestone/Firestone are slated to meet later this month to finalize the agreement. A Bridgestone/Firestone spokeswoman deferred comment to a Bridgestone spokesman in Tokyo, who was unavailable.
Ford denies rumors of reconciliation with Bridgestone
Rubber & Plastics News wants to hear from its readers. If you want to express your opinion on a story or issue, email your letter to Editor Bruce Meyer at [email protected].