Former Nissan CEO Carlos Ghosn calls the Nissan-Honda merger plan a 'desperate move'
Briefly

Carlos Ghosn described the potential merger between Nissan and Honda as a "desperate move," highlighting that the lack of complementarity indicates Nissan's "panic mode" in the competitive auto industry.
Ghosn emphasized, "There is practically no complementarity between the two companies. They are on the same markets. They have the same products. The brands are very similar," illustrating the challenges in finding synergies.
Read at Business Insider
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