TOKYO -- Carlos Ghosn, Nissan Motor's fugitive former chairman, said on Monday that the planned merger between his former company and its domestic rival Honda Motor faces serious structural obstacles.
Nissan and Honda are aiming to set up a joint holding company by around August of 2026 as the former struggles to recover from a severe slump. The two passenger vehicle makers share Japan, China and the U.S. as major markets and have already started collaborating on developing electric vehicles and auto software.
