Renault to be probed over diesel emissions: French prosecutors
Renault to be probed over diesel emissions: French prosecutors
French investigators will probe automaker Renault over suspected "cheating" in emissions tests of diesel motors, the Paris prosecutors office said on Friday.
Following a massive emissions scandal involving German carmaker Volkswagen, independent French experts found dangerously high levels of emissions from diesel engines of several carmakers, including Renault.
ALSO READ: Renault expects diesel engines disappearing from most of its European cars
Renault shares dropped sharply on the Paris stock exchange on the news, trading 4.3% lower at 82.58 euros around 1005 GMT, having opened over 1% higher.
ALSO READ: Volkswagen near $2 billion US criminal settlement in 'dieselgate': report
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.