Renault stock sinks 10% despite emissions test denial

The automaker called the reports “unbalanced” and categorically denied any wrongdoing. “Renault vehicles are not equipped with cheating software affecting anti-pollution systems,” it said in a statement. The automaker was responding to multiple reports in French media that said the country’s fraud watchdog believes that Renault(RNLSY) distorted the results of[Read More…]

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