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.