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Renault exec loses job in spy scandal
One of Renault’s top executives will lose his job amid a wide-scale corporate shakeout following a deeply embarrassing scandal that saw France’s partially state-owned car maker falsely accuse three of its executives of espionage.
Read more on AP via Yahoo! Finance
Renault’s Ghosn, Pelata Return Bonuses Over Bungled Spy Case
Renault SA Chief Executive Officer Carlos Ghosn gave up his bonus and turned down second-in-command Patrick Pelata’s resignation after the company admitted wrongfully accusing senior managers of spying.
Read more on BusinessWeek