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PARIS/MILAN European carmakers were drawn into a widening probe of diesel emissions testing on Friday, with French prosecutors examining Renault and British authorities seeking answers from Fiat Chrysler Automobiles NV.Volkswagen's VOW_p.DE admission that some of its diesel vehicles were fitted with software designed to hide their true level of emissions

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SEOUL Headed for a fourth straight annual profit decline, Hyundai Motor (005380.KS) is trimming its cost fat; scaling back on business class flights and annual family home trips for overseas employees, executives told Reuters.The South Korean automaker has been hit

By David Shepardson | WASHINGTON WASHINGTON Volkswagen AG (VOWG_p.DE) has agreed to a $4.3 billion settlement to resolve the U.S. government's

FRANKFURT Deutsche Bank is expected to name James von Moltke as new finance chief, replacing Marcus Schenck who is taking on a role as co-head of the investment bank, a source close to the matter said on Friday. Deutsche Bank