Renault’s share prices have fallen by nearly a fifth after news of the French carmaker's offices being searched by French anti-fraud police emerged. The investigation is said to be linked to possible vehicle emissions violations.
News of anti-fraud officials visiting offices at Renault sites that deal with emissions testing and vehicle certification were followed by staff confirming their computers have been temporarily confiscated.
• VW emissions scandal: everything you need to know
Renault’s share price has since fallen by 21 per cent. The French state owns 20 per cent of the manufacturer.
Real world emissions from cars have come under greater scrutiny following the aftermath of the diesel emissions scandal. When Auto Express spoke to Renault UK after the VW scandal story broke in September 2015, the company categorically denied emissions foul play.
Renault and the French anti-fraud unit have yet to issue any statements over the investigation.
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