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David Welch

Stay informed with David Welch’s coverage and analysis.

Hertz will shed EVs and buy more gas-powered cars after 100,000-Tesla order in 2021: ‘The elevated costs associated with EVs persisted’
Tech
Hertz will shed EVs and buy more gas-powered cars after 100,000-Tesla order in 2021: ‘The elevated costs associated with EVs persisted’
By David Welch, Rick Clough and BloombergJanuary 11, 2024
GM orders workers back in the office 3 days per week, ending a flexible pandemic-era policy of ‘work appropriately’
Success
GM orders workers back in the office 3 days per week, ending a flexible pandemic-era policy of ‘work appropriately’
By David Welch and BloombergDecember 5, 2023
GM announces record $10 billion stock buyback—more than it’s spending on UAW raises—as its electrification push stalls
Finance
GM announces record $10 billion stock buyback—more than it’s spending on UAW raises—as its electrification push stalls
By David Welch and BloombergNovember 29, 2023
Carmakers are struggling to make electric vehicles affordable for pinched consumers—and rethinking their investments amid sagging demand
Finance
Carmakers are struggling to make electric vehicles affordable for pinched consumers—and rethinking their investments amid sagging demand
By David Welch and BloombergNovember 4, 2023
GM and Stellantis are nearing a tentative contract with autoworkers and ending a costly six-week strike after agreeing to a 25% pay hike
Leadership
GM and Stellantis are nearing a tentative contract with autoworkers and ending a costly six-week strike after agreeing to a 25% pay hike
By David Welch, Gabrielle Coppola and BloombergOctober 27, 2023
GM’s Cruise grounds its entire fleet of driverless vehicles to ‘earn public trust’ after California suspension over high-profile accidents
Tech
GM’s Cruise grounds its entire fleet of driverless vehicles to ‘earn public trust’ after California suspension over high-profile accidents
By Dana Hull, David Welch and BloombergOctober 27, 2023
Ford reaches tentative deal with striking autoworkers, marking a huge breakthrough in a work stoppage that’s cost the industry billions
Leadership
Ford reaches tentative deal with striking autoworkers, marking a huge breakthrough in a work stoppage that’s cost the industry billions
By Keith Naughton, David Welch, Gabrielle Coppola and BloombergOctober 25, 2023
California suspends Cruise self-driving cars from operating in the state after series of high-profile accidents
Tech
California suspends Cruise self-driving cars from operating in the state after series of high-profile accidents
By Dana Hull, David Welch and BloombergOctober 24, 2023
Federal regulators are investigating whether Cruise robotaxis are risky to pedestrians following several accidents
Tech
Federal regulators are investigating whether Cruise robotaxis are risky to pedestrians following several accidents
By Keith Laing, David Welch and BloombergOctober 17, 2023
UAW will use tactics GM, Ford, Stellantis ‘have never seen before’ if deal not reached, says union leader
Finance
UAW will use tactics GM, Ford, Stellantis ‘have never seen before’ if deal not reached, says union leader
By David Welch, Keith Naughton and BloombergSeptember 14, 2023
With deadline looming, autoworkers union says it’s ready to strike ‘in a way they have never seen before’
Success
With deadline looming, autoworkers union says it’s ready to strike ‘in a way they have never seen before’
By David Welch, Keith Naughton and BloombergSeptember 13, 2023
SoftBank places big bet autonomous trucks will ‘fundamentally change’ supply chains
Tech
SoftBank places big bet autonomous trucks will ‘fundamentally change’ supply chains
By Keith Naughton, David Welch and BloombergSeptember 7, 2023
One of the biggest gas-guzzling SUVs—the Cadillac Escalade—is going electric. But it will cost you $130,000
Retail
One of the biggest gas-guzzling SUVs—the Cadillac Escalade—is going electric. But it will cost you $130,000
By David WelchAugust 9, 2023
Chevy Bolt won’t be killed off after all. In a surprise move, GM reverses itself and says a new EV model is coming
Retail
Chevy Bolt won’t be killed off after all. In a surprise move, GM reverses itself and says a new EV model is coming
By David Welch and BloombergJuly 25, 2023
Tesla’s charging deals with GM and Ford will set the U.S. standard and bring in an estimated $3 billion annually by 2030, analyst says
Tech
Tesla’s charging deals with GM and Ford will set the U.S. standard and bring in an estimated $3 billion annually by 2030, analyst says
By David Welch and BloombergJune 9, 2023
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