Categories: Cars

Carlos Ghosn Isn’t So Sure About the Honda-Nissan Merger

Carlos Ghosn

Nissan’s former CEO Carlos Ghosn is still living in Lebanon with a Japanese arrest warrant, but that hasn’t stopped him from speaking out against the automaker’s desire to merge with Honda. Speaking with reporters from his home, he expressed skepticism that the pairing would do either company any good.

“They are strong in the same fields. They are weak in the same fields. There is duplication everywhere. So industrially, for me, it does not make sense,” he said. Ghosn also noted that a merger would essentially mean a surrender for Nissan: “They are surrendering in a certain way, in panic mode, by saying, ‘Please help us.’”

Ghosn said that Honda doesn’t have much experience working with partners, and Nissan’s management can’t fix their issues alone. “I wonder how this is going to work. The seeds of conflicts or problems are already there,” he finished.

All of this might seem like bitterness coming from a deposed CEO living in exile, but Ghosn has plenty of experience turning around failing automakers, especially Nissan. He orchestrated the Mitsubishi-Renault-Nissan alliance and was its leader until he was arrested on charges of financial misconduct.

Ghosn did have a few good things to say about Nissan, specifically the Armada, the international version of which he said he drives. He said the Patrol (Armada in global markets) is a “great car” but noted that “you can have a great product without having a great company.”

[Images: Shutterstock, Nissan]

Become a TTAC insider. Get the latest news, features, TTAC takes, and everything else that gets to the truth about cars first by   subscribing to our newsletter.

Source: The Truth About Cars

WBN

Share
Published by
WBN

Recent Posts

Ain’t No God Like God of War

From the original game to 2022's Ragnarok, God of War has shown time and again…

1 day ago

Apple’s M4 Mac mini plunges to $499, lowest price ever

Apple's latest M4 Mac mini is back down to Black Friday pricing, with the standard…

1 day ago

Analyst apologises for mistakenly claiming Final Fantasy 16 sold 3.5m copies

An analyst who claimed Final Fantasy 16 had sold 3.5 million copies has apologised, insisting…

1 day ago

‘Free Speech’ Platfrom X Suspends Opposition Party Accounts in Turkey

The bans follow demonstrations protesting the arrest of Erdoğan's main political rival.

1 day ago

‘MagicMiles’ travel itinerary app now lets users add transportation and lodging

I wrote last year about MagicMiles, a new app that helps users create entire travel…

1 day ago

GLENN DANZIG Has No Plans To Record An Album Anytime Soon: “I Really Don’t Have That Much To Say Musically”

"Maybe I'll do like an EP or something." The post GLENN DANZIG Has No Plans…

1 day ago