Thursday, January 14, 2016

Renault, suspicions of fraud on emissions as Volkswagen: collapses the title – The Messenger

After the scandal emissions rigged Volkswagen, Renault also ends up in the viewfinder. Today the stock exchange titles of the French collapsed after news of searches for possible fraud in several locations of the automaker. The title came to lose 20%, influencing Peugeot (-8%). The Eurostoxx industry is the worst in Europe, with a decline of 5.63%.

The Agence France-Presse, citing the union CGT Renault site Lardy, wrote this morning that investigators of the French anti-fraud services have seized some computers to some locations Renault on January 7. The sectors involved (‘homologation and development of motor controls “) suggest that these searches are related to the consequences of the deal’ engines rigged” Volkswagen, say the unions.

The engine of Renault fraud ‘does not exist. ” “The shareholders and employees can rest easy.” He said French Environment Minister Segolene Royal. Renault has been observed in the affair “a slippage of standards” on CO2 and nitrogen oxide but “no fraud” So said the French minister responsible for the Environment and Transport, Segolene Royal. For her, the analysis conducted on Renault engines and two other foreign manufacturers do not reveal the existence of an “illegal software” to rig emissions.

‘The Direction Générale de l’Energie et du Climat (Dgec), pilot partner of the Technical Commission independently on behalf of the French Ministry of Ecology, believes now that the current proceedings do not record the presence of software rigged vehicles Renault. ” He writes in a statement the French manufacturer.

After the scandal Volkswagen (-5% in Frankfurt), Renault had announced in December a planned investment of 50 million Euros to reduce the gap between the emissions of its vehicles in type approval conditions and conditions real.
 

     

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