French carmaker Renault has suspended three senior managers on suspicion of industrial espionage linked to the firm's electric vehicle plans. A company spokeswoman confirmed on Tuesday that the three individuals were suspended over unspecified ethical issues.
“In late August 2010, an ethical alert was brought to the attention of the compliance committee," a Renault spokeswoman told AFP on Tuesday. "The investigation that followed led to the suspension of three Renault executives”, the spokeswoman added without providing any more details.