<p>Japan's Nissan and Honda said on Thursday they had officially ended talks to merge.</p>.<p>Following are key metrics for both automakers:</p>.<p><strong>Sales</strong></p>.<p>Honda sold 3.8 million vehicles globally last year, while Nissan sold 3.3 million vehicles.</p>.<p><strong>Earnings</strong></p>.<p>Honda earned 742.6 billion yen ($4.8 billion) in operating profit in the first six months of the current financial year, while Nissan reported 32.9 billion yen profit during the same period.</p><p><strong>Market Capitalisation</strong></p>.<p>Honda is worth some 7.5 trillion yen ($48.6 billion) while market capitalisation for Nissan - which has never fully recovered from years of crisis sparked by the 2018 ouster and arrest of former chairman Carlos Ghosn - is nearly five times smaller. A decade ago, the two automakers were both worth around 4.6 trillion yen.</p>.Explained | Why mergers of carmakers such as Honda and Nissan often falter.<p><strong>Major Markets</strong></p><p>Honda's most important market is the United States, accounting for 37 per cent of its 2024 vehicle sales. Combined with Canada and Mexico, North America represented 42 per cent of sales, while China's share was 22 per cent and Japan's was 17 per cent. Europe accounted for only 3% of sales.</p>.<p>Nissan's biggest market is also North America, accounting for 38 per cent of its vehicles sold in 2024, with the US representing 27 per cent. China accounts for 21 per cent, Japan is 14 per cent and Europe is 10 per cent.</p>.Explained | Inside the collapse of Nissan and Honda's $60 billion mega deal.<p><strong>Electrification Targets</strong></p>.<p>Honda aims to boost electric vehicle output to more than 2 million units per year by 2030, when it wants 40% of its new car sales to be EVs and fuel cell vehicles. Honda plans to sell only EVs and FCVs by 2040.</p>.<p>It has also said it wants to sell 1.3 million hybrid vehicles annually by 2030, double its 2023 levels.</p>.<p>Nissan, once an EV pioneer that introduced the first mass-market electric car Leaf in 2010, is aiming for EVs and hybrids to make up 60 per cent of its global sales by 2030.</p>.India emerges as a global export hub, shipments expand to 65 countries: Nissan.<p><strong>Employees</strong></p>.<p>Honda had 194,993 employees as a consolidated group, while Nissan employed 133,580 as of the end of March 2024, according to securities filings. </p><p>($1 = 154.0100 yen) </p>
<p>Japan's Nissan and Honda said on Thursday they had officially ended talks to merge.</p>.<p>Following are key metrics for both automakers:</p>.<p><strong>Sales</strong></p>.<p>Honda sold 3.8 million vehicles globally last year, while Nissan sold 3.3 million vehicles.</p>.<p><strong>Earnings</strong></p>.<p>Honda earned 742.6 billion yen ($4.8 billion) in operating profit in the first six months of the current financial year, while Nissan reported 32.9 billion yen profit during the same period.</p><p><strong>Market Capitalisation</strong></p>.<p>Honda is worth some 7.5 trillion yen ($48.6 billion) while market capitalisation for Nissan - which has never fully recovered from years of crisis sparked by the 2018 ouster and arrest of former chairman Carlos Ghosn - is nearly five times smaller. A decade ago, the two automakers were both worth around 4.6 trillion yen.</p>.Explained | Why mergers of carmakers such as Honda and Nissan often falter.<p><strong>Major Markets</strong></p><p>Honda's most important market is the United States, accounting for 37 per cent of its 2024 vehicle sales. Combined with Canada and Mexico, North America represented 42 per cent of sales, while China's share was 22 per cent and Japan's was 17 per cent. Europe accounted for only 3% of sales.</p>.<p>Nissan's biggest market is also North America, accounting for 38 per cent of its vehicles sold in 2024, with the US representing 27 per cent. China accounts for 21 per cent, Japan is 14 per cent and Europe is 10 per cent.</p>.Explained | Inside the collapse of Nissan and Honda's $60 billion mega deal.<p><strong>Electrification Targets</strong></p>.<p>Honda aims to boost electric vehicle output to more than 2 million units per year by 2030, when it wants 40% of its new car sales to be EVs and fuel cell vehicles. Honda plans to sell only EVs and FCVs by 2040.</p>.<p>It has also said it wants to sell 1.3 million hybrid vehicles annually by 2030, double its 2023 levels.</p>.<p>Nissan, once an EV pioneer that introduced the first mass-market electric car Leaf in 2010, is aiming for EVs and hybrids to make up 60 per cent of its global sales by 2030.</p>.India emerges as a global export hub, shipments expand to 65 countries: Nissan.<p><strong>Employees</strong></p>.<p>Honda had 194,993 employees as a consolidated group, while Nissan employed 133,580 as of the end of March 2024, according to securities filings. </p><p>($1 = 154.0100 yen) </p>