Monday 16 January 2017

For their eyes only -- Renault affair heralds era of corporate spying

Forget James Bond and MI-5: the war has changed and espionage has a new industrial face, writes Aoife Drew

Published 16/01/2011 | 05:00

When one thinks about spies, images of James Bond, MI-5 characters and sexy Russian ladies smuggling microfilm come to mind. And yet, these days, spy action is more likely to be found in a seemingly dull car factory in the western suburbs of Paris.

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It's a diplomatic crisis which looks set to cloud France's future economic ties with China and possibly an omen of similar cases to come.

Renault has fired three high-ranking executives in strategic positions who are accused of industrial espionage. The three are suspected of transmitting information about Renault's flagship electric vehicle programmes to a Chinese entity, which as yet remains unnamed.

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