Tag: NIKKEI
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Former Nissan CEO Critiques Potential Nissan-Honda Merger as Desperate Move
Former Nissan CEO Carlos Ghosn criticized the potential merger talks between Nissan and Honda, describing them as a “desperate move” indicative of Nissan’s panic amid declining sales and profits. He highlighted the lack of complementarities between the two companies. The merger discussions arise in the context of increasing competition in the electric vehicle market, necessitating…