Merger talks between Honda and Nissan have collapsed after the firms failed to agree on a multi-billion-dollar tie-up. The Japanese carmakers, along with junior partner Mitsubishi, had aimed to combine their businesses to fight back against competition from rival firms, especially in China.

Japanese automakers Nissan and Honda stopped negotiations on a merger on Thursday but committed to continue collaborating.

Japan's Nissan and Honda said on Thursday they had officially ended talks to merge. Following are key metrics for both automakers. SALES Honda sold 3.8 million vehicles globally last year, while Nissan sold 3.