Former Chairman of Nissan, Carlos Ghosn, stated in an interview on December 20th that Nissan is seeking an agreement with Honda, indicating that the former is in a "panic mode". This is a desperate move, "Ghosn said." It's not a pragmatic deal because frankly, it's difficult to find synergies between the two companies. "Honda confirmed earlier this week that the company is considering various options, including merging with Nissan, forming a capital alliance, or establishing a holding company. Ghosn stated that Nissan and Honda operate similar brands and products in the same market. He expressed doubts about the advantages of merging the two companies. He believes that the Japanese Ministry of Economy, Trade and Industry is pushing Honda to advance the deal.