Don't miss

Replay


LATEST SHOWS

THE INTERVIEW

Rwandan president claims 'no problem with France'

Read more

EYE ON AFRICA

Paul Kagame visits UNESCO HQ in Paris

Read more

MEDIAWATCH

Flamboyant US Congressman's Instagram Lands Him in Bother

Read more

THE WORLD THIS WEEK

Compromise buys Greece time and Jihadi John is unmasked (part 2)

Read more

THE WORLD THIS WEEK

Compromise buys Greece time and Jihadi John is unmasked (part 1)

Read more

#TECH 24

Drone vs. drone

Read more

FRANCE IN FOCUS

The future of agriculture

Read more

REVISITED

Yalta, the symbol of a new Cold War?

Read more

#THE 51%

Women in the workforce: IMF says closing the gender gap makes economic sense

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)