Renault paid $347,200 in order to get the information regarding industrial espionage

Article by Christian A., on March 11, 2011

What caused Renault to start a probe and fire three of its executives was information on industrial espionage that the carmaker paid 250,000 euros ($347,200) to acquire, according to a Reuters interview of Renault's lawyer Jean Reinhart last Wednesday. The lawyer said that Renault doesn’t know the identity of the person who sold the information.

In January, Renault dismissed three officials and filed a legal complaint for supposedly spying on its electric vehicle program.

However, Renault has recently admitted that it may have been tricked says Autonews. Renault has already asked its two security managers, the only ones who know the informant, to provide details to French police.

Reinhart had also confirmed that Renault paid 250,000 euros for the information, likely to an intermediary who had passed on all or part of it to the informant.

Reports from French media reveal that the two had refused to reveal the person's name. According to a police source, France's DCRI domestic intelligence agency, which is investigating the matter, had repeatedly interviewed them in recent days.

In January, Renault asked all of its employees to give their full cooperation to the investigators.

Topics: renault, france

If you liked the article, share on:

Comments

Recommended

BMW saw a potential oil leak on the new M760Li, prompting them to recall the said vehicle last April. Today, a little over two months after issuing the first recall,...
by - June 28, 2017
Without a doubt, the SUV segment is getting increasingly more saturated. This month alone, we were greeted with city-oriented SUVs from the Kia Stonic to the Hyundai Kona, and now...
by - June 27, 2017
The Swedish moose test is known to have victimized many in the past, including the Toyota Hilux that massively failed. So knowing that many cars from trusted and leading automakers...
by - June 27, 2017
All-new BMW X3 (G01) just made its debut! The updated model has a familiar design, and slightly increased dimensions compared to its successful predecessors. For more cabin space, the wheelbase...
by - June 27, 2017
Polestar is notably known to be Volvo's internal performance specialists, and around last year Polestar revealed to the public that it will utilize electrification to further advance the power of...
by - June 26, 2017
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