Categories: Auto News

Carlos Ghosn: Japanese authorities forced Honda to save Nissan

The former head of Renault-Nissan Corporation, in a conversation with Bloomberg, again criticized the deal between the auto giants. According to Carlos Ghosn, synergy between Honda and Nissan is difficult to find, because both brands are in the same markets and play in the same niches. The brands are very similar, so the merger does not look like a pragmatic step, it is a gesture of desperation under pressure from the Ministry of Industry and Trade of Japan.

Carlos Ghosn recalled his own experience of living in Japan: in his opinion, METI (Japan’s Ministry of Economy, Trade and Industry) is a very influential organization that lobbied for the deal. Honda was not interested in saving Nissan, but was forced to support the third largest automaker in the Land of the Rising Sun.

The cause of the Nissan crisis is revealed 35 years of Honda NSX Crazy Japanese concepts of the 1980s

The head of the Ministry of Industry and Trade of Japan, Yoji Muto, does not hide the fact that he welcomes negotiations on the merger of Honda and Nissan. The minister emphasized that the merger will lead to an increase in the capitalization of corporations and increased competitiveness. If the companies do form an alliance, Honda-Nissan will become the third-largest manufacturer in the world, behind only Toyota and Volkswagen. However, Carlos Ghosn believes that conflicts cannot be avoided, because both companies have very strong engineering, but someone will have to accept the partner’s decisions.

Carlos Ghosn first spoke about the merger of Honda and Nissan in August, and even then the functionary said that we were talking about the takeover of a company in distress. Also in the perimeter of the deal may be Mitsubishi, whose business is also not going well.

Cool Mitsubishi sports cars

Recent Posts

Cheaper Tesla: Xiaomi launched sales of the Yu7 crossover

Xiaomi brought to the Chinese market its second car - the Yu7 Electrocros, which will…

Xiaomi Su7 Ultra turned out to be faster than Mercedes-AMG ONE on nourburgering

Pilot David Pittard Driving the prototype of the Chinese electric car passed the legendary German…

Rare machines, industrial architecture and city weekend with character

From July 5 to 6, OldScoolshow will be held at the Ryabov Manufactory - an…

In Russia, Hongqi vehicles will be manufactured

Rumors about the localization of cars of the Chinese premium markes have been going on…

The GAC GS8 Dragon crossover was appreciated in rubles

GAC is preparing to bring to the Russian market a new version of the flagship…

We are looking forward to: the hottest automobile news 2025–2029

How many new cars will appear in the coming years? We suspect, the score will…