JAPAN'S MITSUBISHI MOTORS CHIEF OPERATING OFFICER ECKRODT SPEAKS ON RESTRUCTURING PLAN IN TOKYO, 2001-02-26 (photo)

Japan's Mitsubishi Motors Corp (MMC) Executive Vice President and chief operating officer Rolf Eckrodt (R), flanked by President Takashi Sonobe, speaks on the carmaker's restructuring plan at a news conference in Tokyo February 26, 2001. Japan's loss-making Mitsubishi Motors Corp (MMC) on Monday said it would cut 14 percent of its workforce, close a passenger car plant and slash costs as part of a global overhaul by its main shareholder DaimlerChrysler AG. The restructuring plan outlined on Monday by MMC would cost between 100-150 billion yen ($860 million-$1.30 billion), said Eckrodt. TA/DL