Renault Admits Wrongdoing in Spy Case, Issues Apologies to the Three Ousted Officials

Today's episode on the Renault EV espionage case is one of the most interesting yet, with CEO Carlos Ghosn and COO Patrick Pelata issuing their official apologies to the three executives accused of spying.

Renault�s admission of wrongdoing comes after a communication with the French prosecutors, who found no substance in the complaint filed by the automaker against its former employees. Authorities from Liechtenstein and Switzerland confirmed that Michel Balthazard, Bertrand Rochette and Matthieu Tenenbaum had no bank accounts in the respective countries, thus refuting Renault's claim.

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