Nissan will be the victim of cost-cutting “carnage” if it combines forces with Japanese peer Honda, former Nissan CEO Carlos Ghosn told CNBC on Tuesday. “I think, without any doubt, Honda is going to be in the driver’s seat, which is very sad to ...

A merger between car companies Nissan ($NSANY) and Honda ($HMC) is certainly catching a lot of attention, and has been doing so for the last few

Former Nissan Motor Co. Chairman Carlos Ghosn, who fled Japan while awaiting trial on charges of financial misconduct, said Monday th

Former CEO Carlos Ghosn warns that a potential merger between Nissan and Honda may harm Nissan amidst industry consolidation trends.

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 . Ghosn was arrested in Japan in 2018 on suspicion of financial misconduct,

Nissan chief said. 'It’s not a pragmatic deal because frankly, the synergies between the two companies are difficult to find.”

Former Nissan CEO Carlos Ghosn doubts the success of a potential merger between Honda and Nissan, highlighting a lack of complementarity between the firms. Talks of integration are underway as both companies aim to adapt to industry changes.

Former Nissan chief executive Carlos Ghosn cast doubt on the success of a potential merger between Honda and Nissan, saying the latter's plans "do not make sense" at a press conference on Monday. "From an industrial point of view,

Honda, Nissan, and Mitsubishi have announced plans to merge, aiming to create the world’s third-largest automaker. The announcement came during a joint press conference where the companies revealed their vision for the future.