Recent developments in the automotive industry have sparked notable fluctuations in the stock market. Shares of Mitsubishi Motors Corp. $MMTOF surged by 8.6%, marking the highest increase in two months. This rise coincided with reports suggesting potential renewed negotiations between Honda Motor Co. $HMC and Nissan Motor Co. $NSANY regarding a possible merger.

Nissan Motor Co.'s $7201.T credit default swaps (CDS) have surged in popularity, now leading among Japanese companies, surpassing giants like Rakuten Group Inc. $RKUNF and SoftBank Group Corp. $SFTBY. This shift comes in the wake of halted merger discussions with Honda Motor Co. $HMC, significantly impacting the financial market.

Nissan Motor Co. $7201.T shares have seen a notable increase following reports that Hon Hai Precision Industry Co. $HNHPF is enhancing its relationship with the Japanese automaker. Meanwhile, the connection between Hon Hai and Honda Motor Co. $HMC appears to be unraveling. This development opens new prospects for Nissan, paving the way for potential growth.