UAW's net assets fell in 2016 while membership grew 1.8%

The UAW's net assets fell 7.9 percent from a year earlier to $861.7 million at the end of 2016, but membership rose 1.8 percent to 415,963 workers.

Porsche family ready to bring in younger generation

Ferdinand Piech's seat on the board of VW Group's majority shareholder could be taken by his nephew, Josef Ahorner. The move would be a step toward the Porsche-Piech's clan younger generation moving into key roles.

Daimler shareholder demands right to be naked at annual meeting

Daimler's annual meeting threatened to veer off course for a second year after a shareholder pontificated on his right to be naked.