Fugitive car tycoon Carlos Ghosn said on Monday he expects to remain exiled in Lebanon “for a while” as he marks five years since his dramatic escape from Japan. The former Nissan chief executive, who is wanted by France and Japan over financial misconduct claims,

Former Nissan Motor Co. Chairman Carlos Ghosn, who fled Japan while awaiting trial on charges of financial misconduct, said Monday th

A merger between car companies Nissan ($NSANY) and Honda ($HMC) is certainly catching a lot of attention, and has been doing so for the last few

Speculation about a potential Honda and Nissan merger began earlier this month, and the two companies confirmed the official start of talks Monday.

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"It's not a pragmatic deal because frankly, the synergies between the two companies are difficult to find," Ghosn told Bloomberg.

Ghosn also mentioned that the potential merger lacks complementarity, suggesting that any synergies would come from cost reductions, including cutting duplicated plans and technologies. He warned that Nissan would bear the brunt of these cuts as the "minor partner" in the arrangement.

Honda, Nissan, and Mitsubishi have announced plans to merge, aiming to create the world’s third-largest automaker. The announcement came during a joint press conference where the companies revealed their vision for the future.