Word: yutaka
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Dates: during 1990-1999
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...During Bush's visit, Japanese auto companies promised to double their purchase of American auto parts to $19 billion by 1994. But they are reluctant to extend assistance to U.S. makers trying to sell American cars. "The Americans themselves have done little to penetrate our market," says Nissan president Yutaka Kume. "They must try harder." Beyond that, Kume would not mind if Americans like Chrysler chairman Lee Iacocca, whose comments about Japanese honesty and fairness Kume calls "outrageous and insulting," would cease their verbal assaults and get on with selling cars...
...contrast, the heads of Japan's Big Three -- Shoichiro Toyoda of Toyota, Nobuhiko Kawamoto of Honda and Yutaka Kume of Nissan -- earned a total of $1.8 million, counting bonuses. Moreover, while the Japanese execs are presiding over thriving enterprises, the U.S. auto industry is coming off one of its worst years ever. Sales of American-made cars plunged 12.6%, to 8.7 million, in 1991; more than 40,000 autoworkers lost their jobs, and GM announced plans to eliminate 74,000 jobs by 1995; and the Big Three rolled up financial losses that analysts predict could exceed $6 billion...
...last week that his company would redesign some of its models for the Japanese market and be ready to sell them later this year. Then there is the question of quality -- something the Japanese are usually too polite to mention in public. During last week's talks, Nissan president Yutaka Kume brushed aside the suggestion that he and his colleagues had agreed to buy American auto parts out of "charity." That, said Kume, "would be too arrogant." But privately a Nissan official conceded that the buying plan was "an act of goodwill...