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Nissan, Honda merger a “desperate move” – Ghosn

  • Former Nissan chief Carlos Ghosn describes the potential merger between Nissan and Honda as a "desperate move" with limited synergies between the two companies.
  • Ghosn suggests that Japan's economy, trade, and industry ministry (METI) played a major role in driving the deal, forcing Honda to go along with it.
  • While there may be cost-sharing benefits in purchasing and technology investment, Ghosn believes they would be concentrated in Japan and sees potential clashes over engineering solutions.
  • Ghosn suggests that the merger is a defensive move to strengthen Nissan and Honda in foreign markets and avoid social unrest in Japan.

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