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 ...

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.

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

Former Nissan chief Carlos Ghosn on Monday said the struggling Japanese automaker was in "panic mode" as it prepares to start talks on a merger with industry arch-rival Honda . Ghosn was arrested in Japan in 2018 on suspicion of financial misconduct,

Former Nissan Motor Co. Chairman Carlos Ghosn, who fled Japan while awaiting trial on charges of financial misconduct, said Monday th

Former CEO Carlos Ghosn warns that a potential merger between Nissan and Honda may harm Nissan amidst industry consolidation trends.

TOKYO (AP) — Japanese automakers Honda and Nissan have announced plans to work toward a merger that would form the world’s third-largest automaker by sales, as the industry undergoes dramatic changes in its transition away from fossil fuels.

Nissan chief said. 'It’s not a pragmatic deal because frankly, the synergies between the two companies are difficult to find.”

Former Nissan CEO Carlos Ghosn doubts the success of a potential merger between Honda and Nissan, highlighting a lack of complementarity between the firms. Talks of integration are underway as both companies aim to adapt to industry changes.