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Ghosn said the maker of Infiniti luxury models and the Leaf electric car had "come a long way" from 14 years ago when he first arrived from Renault, and Nissan had been on the verge of bankruptcy. Ghosn is now also chief executive at Renault. Nissan's annual global vehicle sales doubled over that period to nearly 5 million vehicles, he said. Nissan has also been getting a lift recently from a cheapening yen, which boosts overseas earnings for Japanese manufacturers. The dollar is trading lately at about 100 yen, strengthening from below 80 yen for much of last year. But Ghosn said 100 yen to the dollar was not an advantage, and merely "neutral," and the dollar should gain to 110 yen. To the question about his possible successor, Ghosn smiled and told the crowd not to worry. He said every executive before them on the stage had a list of names, who could potentially be their successors. Ghosn has never mentioned a possible retirement date. "There is plenty of talent at Nissan," he said.
[Associated
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