John Lampe Recall Quotations

With the charges we've taken for the recall I would expect the unit would not be profitable for the year, ... We've taken substantial charges for the recall that will probably put us in a deficit position.

It's not unusual for tires to experience some cosmetic cracking, and that is what we initially saw in this situation, ... As it became apparent that this was a unique circumstance, we decided a recall was the best course of action. With the design specification change, we believe we have taken the necessary steps to make sure this issue has been resolved.

We are in a situation where sales of replacement tires have declined for several reasons, ... Obviously concerns surrounding the recall of certain Firestone tires is a contributor to this decline.

We appreciate the patience and understanding that so many of our Firestone customers have shown during this major undertaking, ... We're doing everything in our power to replace all recalled tires as quickly as possible.