Auto News

AutoGuide News Blog

The AutoGuide News Blog is your source for breaking stories from the auto industry. Delivering news immediately, the AutoGuide Blog is constantly updated with the latest information, photos and video from manufacturers, auto shows, the aftermarket and professional racing.
 |  Aug 28 2012, 8:32 AM

Toyota USA is accusing a fired contractor of sabotaging internal software and breaking into a secure system before downloading confidential information on parts, designs and prices.  Continue Reading…

 |  Mar 14 2011, 3:23 PM

Renault is admitting that is wrongfully dismissed three executives accused of corporate espionage, saying it has found no evidence to support the allegations made.

Carlos Ghosn, Renault’s CEO, met with the three and promised compensation for their erroneous termination. Renault had accused the executives of holding illicit bank accounts in Switzerland and Lichtenstein, but their claim was contradicted by authorities in both countries. Renault is now investigation potential fraud related to another employee.

“At this stage we do not know whether we are dealing with just fraud or a deliberate attempt to destabilize Renault,” Paris Chief Prosecutor Jean-Claude Marin said. “If there was any espionage it was not carried out through the networks identified by Renault.”

[Source: Automotive News]