Similar Stories to Former Nissan Ceo Carlos Ghosn Calls The Nissan-honda Merger Plan A 'desperate Move' on Bing News

"It's not a pragmatic deal because frankly, the synergies between the two companies are difficult to find," Carlos Ghosn, the disgraced ex-CEO of Nissan, told Bloomberg on Friday.Joseph Eid/AFP via Getty ImagesNissan and Honda are reportedly considering a merger.But former Nissan CEO Carlos Ghosn said the move suggests that Nissan is in "panic mode.""There is practically no complementarity between the two companies," Ghosn told Bloomberg on Friday.The potential merger between Japanese automakers Nissan and Honda is a "desperate move," said Carlos Ghosn, Nissan's former CEO.On Tuesday, Japanese newspaper Nikkei said the two companies are entering into merger negotiations.Pooling their resources would allow Nissan and Honda to better compete against rivals in the electric vehicle space like Tesla and China's EV makers, the outlet reported.Honda and Nissan are the second and third largest automakers in Japan, respectively.

BING NEWS:
  • Ex-CEO Ghosn Says Nissan In 'Panic Mode' On Honda Merger
    Former Nissan chief Carlos Ghosn on Monday said the struggling Japanese automaker was in "panic mode" as it prepares to start talks on a merger with industry arch-rival Honda.
    12/22/2024 - 6:43 pm | View Link
  • Former Nissan CEO Carlos Ghosn calls the Nissan-Honda merger plan a 'desperate move'
    "It's not a pragmatic deal because frankly, the synergies between the two companies are difficult to find," Ghosn told Bloomberg.
    12/22/2024 - 2:42 pm | View Link
  • Carlos Ghosn Claims Japan Forced Honda Into ‘Desperate’ Nissan Merger Talks
    The former chairman of Nissan criticized the potential Honda merger, calling it a desperate move lacking industrial logic or practical synergy ...
    12/21/2024 - 4:44 am | View Link
  • Ex-Nissan CEO Ghosn Says Merger With Honda Is a 'Desperate Move'
    The embattled former executive says the Japanese government is pushing Honda into the deal for the benefit of the economy.
    12/20/2024 - 5:30 am | View Link
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