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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.
Former Nissan CEO Carlos Ghosn calls the Nissan-Honda merger plan a 'desperate move'
"It's not a pragmatic deal because frankly, the synergies between the two companies are difficult to find," Ghosn told Bloomberg.
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.
M&A News: Carlos Ghosn Says A Nissan (OTHEROTC:NSANY) Merger Would Be “Carnage.”
A merger between car companies Nissan ($NSANY) and Honda ($HMC) is certainly catching a lot of attention, and has been doing so for the last few
Former Nissan CEO Ghosn casts doubt on success of Nissan, Honda alliance
Former Nissan chief executive Carlos Ghosn cast doubt on the success of a potential merger between Honda and Nissan, saying the latter's plans "do not make sense" at a press conference on Monday. "From an industrial point of view,
Former Nissan CEO calls proposed Nissan-Honda deal a panic move
Carlos Ghosn, Former Nissan chairman and CEO, joins 'Squawk on the Street' to discuss the company's planned deal with Honda.
Moody's Gives Thumbs Up to Possible Honda-Nissan Merger
Key Takeaways Moody's gave a positive review of the potential merger of Honda and Nissan.Analyst Dean Enjo wrote that the deal would be "credit positive" if done correctly.Former Nissan CEO Carlos Ghosn warned Nissan would face "carnage" if the combination went through.
Honda, Nissan Confirm Merger to Form Third Largest Car Company
Honda, Nissan, and Mitsubishi have announced plans to merge, aiming to create the world’s third-largest automaker. The announcement came during a joint press conference where the companies revealed their vision for the future.
2h
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 ...
13d
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 ...
2d
Honda-Nissan merger: Auto expert shares in-depth analysis
As the auto industry braces for a potential game-changer, the Honda-Nissan merger talks have set the stage for one of the ...
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