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France moves to avert rift with China over Renault spy scandal

The French government and the automaker Renault SA are trying to avert a standoff with Beijing over reports that a Chinese industrial espionage ring stole details of Renault’s electric vehicle...

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France’s Renault to cut 7500 jobs by 2016

French car sales slump 7.8% percent in October. France’s Renault has announced some 7,500 layoffs by 2016 as the floundering company seeks to sharpen its competitive edge. Renault said on Tuesday that...

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Renault warns unions of factory closures amid cuts, layoffs

Employees of “Auto Chassis International” owned by French automaker Renault, attend a rally to protest against job cuts in Le Mans, western France on January 23, 2013. Renault has officially warned...

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