Grandchildren of Louis Renault have taken the French state to court to demand the return of the comp

Article by Christian Andrei, on December 16, 2011

The heirs of Renault’s founder, Louis Renault, have filed a complaint against the French state in court to demand for the return of the automaker. After Louis Renault was branded as a Nazi collaborator, the state nationalized the brand in 1945. Renault, the brand founded by Louis and his brothers in 1898, was then controlled by Germany when Nazi occupied France in World War II. It was used to produce equipment for the German soldiers.

Louis Renault, who became known as having helped the Nazi, passed away nearly immediately after the Allies liberated Paris. He died before he could be prosecuted.

The French state then took control of the company. Currently, the French state is still the largest single shareholder, with a 15% share of Renault.

According to the AFP report, the seven grandchildren of Renault started the action after the new legal rule was handed down, to allow plaintiffs to challenge the constitutionality of legislation.

So far, Renault hasn’t commented on litigation and won’t do so while the litigation is ongoing. Thierry Levy, the lawyer who represents the heirs, said that the nationalization is in violation of his clients’ fundamental legal and property rights" and that his clients deserved compensation. [source: Autonews]

Topics: renault, france

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

More positive news has been pouring in before the year ends. For those who have been waiting to hear the latest word on Toyota 86, we have some great news....
by - December 10, 2016
Hyundai is making the green vehicle race more competitive by offering three powertrain types -- pure electric (EV), hybrid (EV plus combustion engine) and plug-in hybrid (PHEV) – in one...
by - December 9, 2016
Although specs for the new Renault Megane had already surfaced several weeks ago, we didn’t know that the company has cooked up something new. Aside from the 200hp gasoline, Renault‘s...
by - December 9, 2016
For the first time in fifty-eight years, Infiniti registers its first US-Spec Q60 Coupe in Cuba. American products have not been allowed entry into Cuba for six decades. But it...
by - December 9, 2016
Chevrolet has already given out the pricing for some of its 2018 Equinox models. Not only will the new Equinox be available in both the US and Canada, it is...
by - December 9, 2016
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries