Don't miss

Replay


LATEST SHOWS

FRANCE IN FOCUS

French presidential election: Over 40% remain undecided

Read more

EYE ON AFRICA

ICC orders Congo warlord germain Katanga to pay victims

Read more

MEDIAWATCH

Trumpcare Falls Before First Hurdle

Read more

THE WORLD THIS WEEK

Westminster Attack, Abadi in Washington (part 1)

Read more

THE WORLD THIS WEEK

Obamacare, Europe's Unholy Alliances, Martin McGuinness (part 2)

Read more

INSIDE THE AMERICAS

Export bans hit Brazil amid tainted meat scandal

Read more

#TECH 24

Inside Netflix's war room

Read more

FOCUS

French Catholic voters remain faithful to scandal-hit Fillon

Read more

PEOPLE & PROFIT

Growing ambitions: The forces driving India's economy

Read more

France

French carmaker Renault launches legal action over industrial espionage

Text by News Wires

Latest update : 2011-01-14

French carmaker Renault has filed an official complaint against persons unknown for industrial espionage, saying it was the victim of corruption, theft and concealment in a case that has led French politicians to speak of "economic warfare".

REUTERS - French carmaker Renault kicked off a judicial investigation into industrial espionage on Thursday, alleging corruption, theft and concealment.

Renault did not name the perpetrators but said it had filed an official complaint following the discovery of serious misconduct detrimental to the company's "strategic, technological and intellectual assets."
 
Last week Renault suspended three executives on suspicion they had leaked information about its high-profile electric car technology in a case France has dubbed "economic warfare". This has prompted talk of tighter laws to protect its companies.
 
Renault Chief Operating Officer Patrick Pelata said the carmaker had been the victim of an organised international network but that key technology for electric vehicles, in which it is investing heavily, was safe.
 
The scandal threatened to harm improving relations between France and China, after a government source last week said intelligence services were looking into a possible China link.
 
The French government has since played down the possibility of a link to China, saying it is not accusing any one country of involvement, while China has denied any link to the case.

 

Date created : 2011-01-13

  • FRANCE

    Renault's electric car details leaked to China, media reports say

    Read more

COMMENT(S)