Earlier this week, Renault SA dismissed its three managers for violating the Company's privacy code of conduct by releasing certain information about its electric car program, thus putting Company's assets at risk. Chinese interests have been suspected behind this spying case.

The French Government is influencing that PSA Peugeot Citroen and Renault and to shun Molex, an American electronic connector expert that has approached to be observed in France as the personification of evil Anglo-Saxon capitalism.

The hook up between Renault-Nissan and Daimler has provided further evidence for the pressing need for scale in the automobile industry.

It has been noted that the industry is still recuperating from a decrease in demand. It is now turning towards a titanic investment in green-car technology.

It has been announced by Renault Australia that the latest Clio Renault Sport 200 Cup will be made available in the 2010. The power has a slight elevation from the previous model and Renault has improved sporty Clio in many other aspects aiming at progressing the experience at the wheel.

Following reports cited in newspaper regarding the replacement of stockholdings of Renault SA with Mercedes owner Daimler AG, the shares of the former elevated in early trading on the Paris stock exchange.

Reaching highest since February, the shares increased to 2.1% to Euro34.28 and Daimler in Frankfurt climbed to 1.2% to Euro33.72.

The second - largest carmaker in France, Renault SA has shocked everyone with an annual loss for the first time in 13 years. It has also forecast a contraction of about 10 per cent in the auto demand in Europe as the government sends out incentives this year.