Renault Says Espionage Threatened 'Strategic Assets'

Renault suspended three managers for leaking secrets about its electric cars.

Industrial espionage that targeted Renault posed a serious threat to the French carmaker's "strategic assets," the company said on Jan. 6.

Renault said it had suspended three managers for leaking secrets about its electric cars.

This decision was to "protect, without delay, the strategic, intellectual and technological assets of our company," said senior vice president Christian Husson.

The company is staking its future on environmentally friendly vehicles and is aiming to produce them for the general market.

Copyright Agence France-Presse, 2011

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