John Lampe Taken 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.