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Hirofumi Nakazawa, president of Nissan Motor's truck-making affiliate Nissan Diesel Motor, speaks to.., 1999-02-11 (photo)

Hirofumi Nakazawa, president of Nissan Motor's truck-making affiliate Nissan Diesel Motor, speaks to.., 1999-0
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IMAGE number
REU7537636
Image title
Hirofumi Nakazawa, president of Nissan Motor's truck-making affiliate Nissan Diesel Motor, speaks to.., 1999-02-11 (photo)
Auto-translated text View Original Source
Photographer
Eriko Sugita
Medium
photograph
Date
1999 AD (C20th AD)
Shooting Date
1999-02-11
Image description

Hirofumi Nakazawa, president of Nissan Motor's truck-making affiliate Nissan Diesel Motor, speaks to reporters in Tokyo February 11 as he announces job cuts and the closing of a truck assembly plant in Gunma, north of Tokyo, as part of a restructuring effort. [He said Nissan Diesel will eliminate 3,000 jobs, 80 percent of which will be cut by the end of fiscal 1999. Amid year-long tie-up talks with DaimlerChrysler AG, the company posted a pretax loss of 1.11 billion yen ($9.73 million) in fiscal 1997 and is predicting further losses in this fiscal year].

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REUTERS/Eriko Sugita / Bridgeman Images
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