Wenxia Man was found guilty of "conspiring to export and cause the export of fighter jet engines, an unmanned aerial vehicle, and related technical documents."
Bollore has a beef with BMW, and it's apparently serious. The company that runs the French carsharing service Autolib filed a criminal complaint against the German automaker of, "using spies to gather information on its electric cars," in the words of AFP. The problem, allegedly, is that two employees of engineering firm P3, which was working for BMW, were seen "tampering" with both Autolib charging stations and electric vehicles. The two were arrested in Paris and released after being questione
A Renault espionage scandal that turned into an espionage hoax scandal soaked up four months of people's lives in early 2011 and resulted in the resignation of company COO Patrick Pelata. An informant with some bad information who was paid €250,000 told Renault that three executives had sold electric vehicle technology to the Chinese and were laundering their money in secret accounts in Liechtenstein and Switzerland. Renault fired the executives, and when the whole thing began to fall apart
On March 10th, we reported that the industrial espionage case – or was it fraud or a scandalous hoax – involving three top Renault execs and the automaker's electric vehicle secrets was swirling out of control. The chaos had gotten so out of hand that a source told Reuters that:
On Thursday, France's finance and industry ministers issued a statement declaring that the fate of the individuals responsible for Renault's ongoing debacle lies in the hands of the country's government. France, which owns 15 percent of Renault, has called for a widespread investigation into the now-debunked claims that three Renault execs were possibly spying on the automaker.
Renault says it wrongfully fired three of its executives – Michael Balthazard, Bertrand Rochette and Matthieu Tenenbaum – on suspicion of industrial espionage. The admission comes after French authorities looked into the company's dismissal of the men and determined that Renault's accusations against them were baseless.
Renault says it wrongfully fired three of its executives, Michael Balthazard, Bertrand Rochette and Matthieu Tenenbaum, on suspicion of industrial espionage. The admission comes after French authorities looked into the company's dismissal of the men and determined that Renault's accusations against them were baseless.
The industrial espionage case – or was it fraud or a scandalous hoax – involving three top Renault execs and the automaker's electric vehicle secrets is swirling out of control. So much so that Renault-Nissan chief executive officer Carlos Ghosn may need assistance from Patrick Pelata, the automaker's chief operating officer, to protect the CEO from losing his job, according to Automotive News (sub. req.).
The two-year-old Stepneygate saga – long and complex enough to rival any of the Icelandic sagas – is finally over. A court in Modena, Italy has smacked four McLaren employees with six-figure fines: senior engineers Rod Taylor, Jonathan Neale, and Paddy Lowe are on the hook for €150,000 each (around $190,000 USD); chief designer Mike Coughlan got hit with a €180,000 fine (nearly $230,000).
Wired has posted a lengthy and thorough dissection of what really happened in last year's Stepneygate F1 scandal. The affair turned Ferrari an even more scarlet red, sucked $100,000,000 from McLaren's bank account and eliminated the team from the constructor's championship, ended the F1 careers of two F1 honchos, and possibly ended Ron Dennis' marriage.
var digg_url = 'http://digg.com/motorsport/Toyota_engineers_convicted_of_stealing_secrets_from_Ferrari'; In most countries, acts like murder, treason, or plotting to overthrow the government rank among the most heinous crimes a person can commit. In Italy, stealing secrets from Ferrari ranks right up near the top of the list, too.
So, you're Hyundai. You badly covet more market share in the US, and your targets are Honda and Toyota. What would be better than to hire a defector from the other team? It's even better when the defector brings along plenty of top-secret information to share. That's just what engineer Bruce Shibuya did when Hyundai nabbed him from Toyota and appointed him vice president of the Hyundai-Kia North American Quality Center. Little details like non-disclosure agreements must have been lost in the shu
Ah, Fashion Week. That time of year when designers roll out their most extravagant, over-the-top Spring fashion ideas so we can have the Target knock-offs next April when the weather actually allows us to wear them. While Y3, Vera and DK may be the stars in NY, here at Autoblog we turn to that well-known and well-loved spy photog fashionista Brenda Priddy. Brenda's line of casual wear was recently unveiled with much less fanfare on cafepress.
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