Ghosn believes that Honda will be 'in the driver's seat' and any cost cutting measures will heavily impact the much weaker Nissan
Carlos Ghosn predicts Nissan will suffer as Honda dominates their upcoming partnership. If the deal goes through, Honda would nominate most of the company's board members. The ex-CEO doubts Nissan 's ability to turn things around, even with restructuring plans in place. A tie-up between Nissan , Honda , and Mitsubishi has the potential to shake up not just the Japanese automotive industry but the global hierarchy of carmakers as well.
I think, without any doubt, Honda is going to be in the driver’s seat, which is very sad to see after having led Nissan for 19 years brought Nissan to the forefront of the industry, to see that they’re going to be the victim of a carnage, because there is total duplication between Nissan and Honda.” If a deal is reached, a holding company would act as the parent for both brands and being listed on the Tokyo Stock Exchange.
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