Former Nissan CEO Ghosn: Seeking an agreement with Honda is a desperate move, making it difficult for the two companies to achieve synergy

On December 21st, Carlos Ghosn, former chairman of Nissan, stated that the struggling Japanese automaker is seeking an agreement with Honda, indicating that the former is in a “panic mode”. This is a desperate move, “Ghosn said on Friday.” It’s not a pragmatic deal because frankly, it’s difficult to find synergies between the two companies. “Ghosn said negotiations with Honda regarding a potential merger indicate that Nissan is in a” panic mode. (Bloomberg)

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