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Honda, Nissan and Carlos Ghosn
Nissan could face cost-cutting 'carnage' in Honda merger, Carlos Ghosn says
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 ...
Carlos Ghosn: Nissan will be on the losing end if it merges with Honda
Investors have been keenly watching both Honda Motor Co Ltd (TYO: 7267) and Nissan Motor Co Ltd (TYO: 7201) ever since the two legacy car companies announced plans of a merger to create the world’s third-largest automaker.
Nissan faces major cost cuts in potential Honda merger, says ex-CEO Ghosn
Ghosn also mentioned that the potential merger lacks complementarity, suggesting that any synergies would come from cost reductions, including cutting duplicated plans and technologies. He warned that Nissan would bear the brunt of these cuts as the "minor partner" in the arrangement.
15h
on MSN
Ex Nissan Boss Warns Of ‘Carnage’ If Honda Takes The Wheel
Ghosn believes that Honda will be "in the driver's seat" and any cost cutting measures will heavily impact the much weaker ...
14d
on MSN
CNBC: Stellantis CEO Carlos Tavares Didn’t Get the U.S. Market, and the Hemi Was a Victim
We’ve told you about Carlos Tavares’ abrupt departure as CEO of Stellantis, the world’s fourth-largest automaker, and we’ve ...
4d
Former Nissan CEO Ghosn casts doubt on success of Nissan, Honda alliance
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
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