Transportation
Ghosn Says Honda Deal Talks Indicate Nissan in ‘Panic Mode’
- Ex-Nissan boss believes Japanese government is pushing Honda
- He expects Foxconn, others to shop for carmakers on the cheap
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Nissan Motor Co. pursuing a deal with Honda Motor Co. indicates the former is in “panic mode,” according to Carlos Ghosn, the ex-chairman of the struggling Japanese automaker.
“It’s a desperate move,” Ghosn said Friday on Bloomberg Television. “It’s not a pragmatic deal because frankly, the synergies between the two companies are difficult to find.”