Former Nissan CEO Carlos Ghosn calls the Nissan-Honda merger plan a 'desperate move'

Nissan and Honda are reportedly considering a merger.But former Nissan CEO Carlos Ghosn said the move suggests that Nissan is in "panic mode.""There is practically no complementarity between the two companies," Ghosn told Bloomberg on Friday.The potential merger between Japanese automakers Nissan and Honda is a "desperate move," said Carlos Ghosn, Nissan's former CEO.Advertisement On Tuesday, Japanese newspaper Nikkei said the two companies are entering into merger negotiations.Pooling their resources woul ...