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Bridgestone CEO Sees US Slowdown, Cyberattack, Tariffs Hurting Second Half
An employee handles a Bridgestone Corp's truck tire in a warehouse at the company's tire shop in Tokyo.
Photographer: Toru Hanai/BloombergBridgestone Corp. expects a tougher second half as its US business faces a sharp drop in truck tire demand, tariffs take a toll and it deals with the fallout from a cyberattack that disrupted production.
Truck tire demand for new vehicles in the US has fallen sharply since early August, Chief Executive Officer Shuichi Ishibashi said in an interview on Monday. That’s as truckmakers have been cutting production plans for the coming months.