Nissan and Honda Merger Talks Collapse: Key Metrics Comparison
Honda and Nissan have terminated their merger discussions. Here's a detailed comparison of their key metrics:
Sales:
* Honda: 3.8 million vehicles sold globally in 2023
* Nissan: 3.3 million vehicles sold globally in 2023
Earnings:
* Honda: Operating profit of JPY 742.6 billion (USD 4.8 billion) in the first six months of FY2023
* Nissan: Operating profit of JPY 32.9 billion in the same period
Market Capitalization:
* Honda: Approximately JPY 7.5 trillion (USD 48.6 billion)
* Nissan: Nearly five times smaller than Honda, due to challenges faced after the Carlos Ghosn incident
Major Markets:
* Honda: North America (42%), China (22%), Japan (17%), Europe (3%)
* Nissan: North America (38%), China (21%), Japan (14%), Europe (10%)
Electrification Targets:
* Honda: Aims to produce over 2 million EVs annually by 2030, with 40% of new car sales to be EVs and FCVs by then
* Nissan: Targets 60% of global sales to be EVs and hybrids by 2030
Employees:
* Honda: 194,993 consolidated group employees
* Nissan: 133,580 employees as of March 2024