Renault Shares Tumble After French Government Search in Emissions Probe

摘要

Government fraud investigators searched Renault S.A offices in France as part of a probe into vehicle emissions, raising the specter of a Volkswagen-type scandal and sending the carmaker's shares slumping the most in almost seven years Agents from the Economy Ministry's fraud office visited Renault's headquarters, as well as sites in Guyan-court and Lardy near Paris, during the week of Jan. 4. The French automaker is cooperating fully with the investigation, the company said in an e-mailed statement Jan. 14, without providing details on what was seized. French peer PSA Peugeot Citroen said it wasn't raided and no anomalies were found in its vehicles.