*Carlos Ghosn Calls Nissan-Honda Merger Proposal a ‘Desperate Move’
Carlos Ghosn, the former Nissan and Renault CEO, criticized the proposed merger between Nissan and Honda, calling it a "desperate move." He expressed concerns over the strategic fit and long-term viability of the merger, questioning its potential to solve the companies' financial challenges and improve their market positions.
- (1888PressRelease) December 25, 2024 - Carlos Ghosn, the former CEO of Nissan, has labeled the potential merger between Nissan and Honda as a “desperate move.”
According to a report from Japanese newspaper Nikkei, the two companies are in talks about a potential merger. By combining their resources, Nissan and Honda aim to strengthen their position in the electric vehicle (EV) market, particularly in competition with global players like Tesla and Chinese EV manufacturers.
Honda and Nissan, the second and third largest automakers in Japan, are facing competition from Toyota, the world’s largest car manufacturer. A merger between the two would make them the world’s third-largest automaker by volume.
As stated by Nissan and Honda, they are “considering various possibilities for future collaboration,” but they have made it plain that “no decisions have been made” as of yet. But in an interview with Bloomberg, Ghosn voiced doubts about the agreement, claiming it showed Nissan was in “panic mode.” Read more -- https://voiceofentrepreneur.life/
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