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The auto business was shocked by Tuesday’s suggestions of a possible Nissan-Honda merger. Even though there is no formal agreement yet, Carlos Ghosn, the former CEO of Nissan, has spoken his thoughts about the potential deal. In a recent Bloomberg interview, the controversial former CEO called out a Nissan-Honda partnership and its rationale.
Ghosn told Bloomberg he believed it was “hopeless. Finding synergies between the two companies is difficult; thus, the deal isn’t feasible. Seldom are there qualities that the two companies have in common that make them work well together? If you can have both, that’s better. But there are moments when you have to choose, and without a doubt, with METI and everything I know from it, they control over the same products.” Visit site
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