Renault Investors Rattled by Report on Faulty Car Emissions
- Le Monde says report found two models’ systems failed to work
- French carmaker is already strained by rocky Nissan relations
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Renault SA shares fell on a report that anti-pollution devices on two of the French carmaker’s diesel models failed to work under a wide range of driving conditions.
The investigation by experts at the University of Burgundy found that two systems in Captur and Clio IV cars that were designed to filter emissions didn’t kick in at many speeds and outside temperatures, Le Monde reported Monday, citing the results. The shares fell as much as 3.2 percent in Paris trading.