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 Pélata, 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.