, Columnist
Carlos Ghosn Does It Again
Nissan's stake has almost doubled in value and future indicators are looking healthy.
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Is it already time for Carlos Ghosn's victory lap?
The auto patriarch who last year folded troubled Mitsubishi Motors Corp. into the Groupe Renault-Nissan Motor Co. global alliance has seen the value of his company's 34 percent stake almost double. After reporting a 9.6 percent jump in first-half sales on Tuesday from the year before, Mitsubishi Motors' market value topped 1.35 trillion yen ($11.9 billion). Talk about a quick buck, er, 223 billion yen for Nissan.1510030535003