On December 21, Glonghui reported that Carlos Ghosn, former chairman of Nissan Motor, stated in an interview on December 20 local time that Nissan Motor seeks to reach an agreement with Honda Motor, which indicates that the former is in a 'panic mode.' 'This is a desperate move,' Ghosn said, 'this is not a pragmatic Trade because, frankly, it is difficult to find synergies between the two companies.' Earlier this week, Honda confirmed that the company is considering various options, including merging with Nissan, capital alliances, or establishing a holding company. Ghosn expressed doubts about the advantages of merging the two companies, noting that Nissan Motor and Honda Motor operate similar brands and products in the same market. He believes that the Ministry of Economy, Trade and Industry of Japan is pushing Honda to advance the Trade.