French authorities are investigating carmaker Renault in connection with suspected fraud in its diesel emissions controls, denting the company's share price as the global fallout spreads from revelations of emissions cheating at Volkswagen. Renault insisted Friday that its cars are not equipped with pollution-cheating software, and that the company complies with all French and European laws. French authorities raided Renault company premises after Volkswagen was found to have used engine software to cheat on U.S. diesel emissions tests. French prosecutors are carrying out a separate probe into Volkswagen's emissions practices in France. NASA safety advisory group raises concerns about SpaceX rocket fueling processUPDATES:2:10 p.m.: This article was updated with Renault shares’ closing price.
Source: Los Angeles Times January 13, 2017 14:25 UTC