Renault Target of Diesel Emissions Investigation

The Paris prosecutors have intensified their investigation into Renault's emissions tests, impacting the company's market value. The investigation is part of a broader French crackdown following the Volkswagen scandal. Renault's CEO emphasized the importance of diesel technology while acknowledging increased scrutiny and costs. Despite reassurances, investors remain concerned about potential parallels with Volkswagen. The French government and unions are closely monitoring the situation, given the environmental implications and Renault's hiring plans.

What was the main reason for the Paris prosecutors' action against Renault?

• Labor disputes

• Product safety issues

• Financial misconduct

• Quality of emissions tests and pollution hazards

How did Renault's share price react to the prosecutors' actions?

• It was unaffected

• It dropped significantly but later recovered slightly

• It remained stable

• It increased significantly

What is Renault's strategy regarding diesel technology according to Carlos Ghosn?

• To replace diesel with electric technology

• To phase out diesel technology completely

• To continue using diesel due to its role in emissions control

• To focus solely on gasoline engines

How does Renault differentiate itself from Volkswagen in the emissions scandal?

• By claiming it uses no fraudulent methods

• By focusing on electric vehicles

• By admitting to using similar software

• By reducing production

Why is the French government particularly sensitive to emissions issues?

• Due to recent pollution challenges in Paris

• Because of a new environmental policy

• Because of a lack of public interest

• Due to international pressure