Connect with us

Asia News

Nissan May Encounter Severe Cost-Cutting Challenges in Honda Merger

Published

on



Former Nissan CEO Carlos Ghosn warned that a merger between Nissan and Honda would lead to significant cost-cutting and risk hurting Nissan, as Honda would likely dominate the combined entity. Ghosn highlighted the lack of complementarity between the two companies, predicting that Nissan would bear the brunt of cost reductions and redundancy. He described the merger talks as a sign of Nissan’s desperation amidst its ongoing restructuring, predicting challenges ahead without significant integration. Although executives claim the merger would enhance competitiveness in the EV market, Ghosn expressed skepticism about Nissan’s turnaround potential.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *