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March 7, 2011updated 08 Apr 2021 8:13am

FRANCE: Renault waits for inquiry decision as COO speculation swirls

Renault says it prefers to wait for any decision by the Paris Prosecutor before adding to comments made by its chief operating officer last week.

Renault says it prefers to wait for any decision by the Paris Prosecutor before adding to comments made by its chief operating officer last week.

French media have speculated COO Patrick Pelata could resign if allegations in its espionage case turn out to be wrong, while industry minister Eric Besson also used a metaphor that Pelata could “offer” his head in the affair.

Last week Pelata said if no guilt was found among its three sacked executives, they could be taken back.

However, the manufacturer is confining itself to noting an inquiry decision has not yet been reached by the Paris Prosecutor involved in the alleged spying case.

A Renault spokeswoman in Paris said to just-auto today (7 March) decisions at the “highest level” would be taken by the COO and CEO Carlos Ghosn.

“[Patrick] Pelata said that after, the conclusions would be taken at the highest level, including himself,” she said.

“The article [Pelata spoke to French daily Le Figaro] [says] M. Ghosn will take the final conclusion once the prosecutor will have given the final results.”

Earlier, Renault union CFE-CGC called for compensation to be made available to the carmaker’s sacked executives in the case, Michel Balthazard, Bertrand Rochette and Mathieu Tenenbaum.

All three strongly deny any involvement in any supposed espionage at Renault.

“The CFE-CGC strongly approves their [executives] possible reintegration,” said a statement from the union.

“This should absolutely be accompanied by compensation for moral damages they and their families have suffered.”

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