Friday, March 4, 2011

The Pink Panther Drives Again

France - A top Renault SA official said the French auto maker is no longer certain that its electric-car development efforts were the target of corporate espionage, throwing doubts on a high-profile case that cost three executives their jobs and led the Chinese Foreign Ministry to issue an angry denial of any involvement.

Patrick PĂ©lata, the auto maker's chief operating officer, made the admission in comments that were published Thursday evening on a French newspaper's website. He said the auto maker could have been "tricked" into bringing allegations against three senior managers. His comments added to the mystery of a case that was never fully fleshed out. (more)

The easiest way out? Just... A Shot in the Dark.