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Newspaper
The Gaston Gazette
Location
Gastonia, North Carolina, United States of America
Date
Aug 01, 2001
Page
14
NEC Corp plans 4000 layoffs by next March to revive its chip division amid falling profits and weak demand. The move includes closing production lines and cutting investment while shifting focus to networking and solutions, following a 73 percent first quarter profit drop.
Six of seven midsize sport utility vehicles sustained significant bumper damage in 5 mph tests by the Insurance Institute for Highway Safety. The 2001 and 2002 SUVs were tested in four crashes. six earned marginal or poor marks. The Acura MDX posted the highest score, averaging $448 in damage while others ranged from $747 to $1,451.
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