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David Welch

  • Mary Barra, chair and chief executive officer of General Motors Co., during a news conference at the Hudson’s building in Detroit, Michigan, US, on Monday, April 15, 2024. General Motors Co. is planning to move its downtown Detroit headquarters across the city to the Hudson’s building, a new 1.5 million-square-foot project being developed by billionaire Dan Gilbert. Photographer: Jeff Kowalsky/Bloomberg via Getty ImagesFinance

    What’s good for China has been very bad for General Motors

    BYDavid Welch, Haze Fan, and others
  • Elon Musk and Donald TrumpTech

    Trump team is seeking to ease US rules for self-driving cars

    BYDavid Welch, Allyson Versprille, and others
  • A GMC Hummer electric vehicle is seen surrounded by other vehicles with partial view of GM's Factory Zero logo in the background.Tech

    GM hints at cheaper electric pickup boasting 350-mile range

    BYDavid Welch and Bloomberg
  • Elon MuskRetail

    Buying 100,000 Teslas continues to haunt Hertz

    BYDavid Welch and Bloomberg
  • Michigan Governor Gretchen WhitmerPolitics

    Michigan Gov. Gretchen Whitmer won’t challenge Kamala Harris for presidential nomination

    BYDavid Welch and Bloomberg
  • A close-up on a bright yellow Spirit Airlines jeyLeadership

    Spirit Airlines’ CFO is ditching one troubled company for another, joining Hertz as the car rental firm tries to shake EV disaster

    BYMary Schlangenstein, David Welch, and others
  • Hertz CEO Stephen ScherrLeadership

    CEO steps down after being hit with expensive EV repairs and low resale prices following purchase of 100,000 Teslas

    BYErik Schatzker, David Welch, and others
  • 02 May 2019, US, San Francisco: A self-propelled car of the General Motors company Cruise is on a test drive in downtown San Francisco. Photo: Andrej Sokolow/dpa (Photo by Andrej Sokolow/picture alliance via Getty Images)Tech

    GM admits to ‘numerous’ failings in Cruise robotaxi debacle that saw CEO embarrassed and a pedestrian dragged 20 feet

    BYDavid Welch and Bloomberg
  • Stephen Scherr, chief executive officer of Hertz Global Holdings Inc., speaks during the 2023 CERAWeek by S&P Global conference in Houston, Texas, US, on Tuesday, March 7, 2023. The global energy industry is facing a welter of uncertainty and change — driven by the effects of the global pandemic; shifting geopolitics and a war launched by one of the world’s major energy powers; high energy prices; supply chain and infrastructure constraints; and economic instability. Photographer: F. Carter Smith/Bloomberg via Getty ImagesgTech

    Hertz will shed EVs and buy more gas-powered cars after 100,000-Tesla order in 2021: ‘The elevated costs associated with EVs persisted’

    BYDavid Welch, Rick Clough, and others
  • Mary Barra, chair and chief executive officer of General Motors Co., gestures during an Automotive Press Association event in Detroit, Michigan, US, on Monday, Dec. 4, 2023. The financial arm of General Motors Co. joined a rush of borrowers selling high-grade debt Monday ahead of a seasonal late-December slowdown after signing a term loan agreement last week. Photographer: Jeff Kowalsky/Bloomberg via Getty ImagesSuccess

    GM orders workers back in the office 3 days per week, ending a flexible pandemic-era policy of ‘work appropriately’

    BYDavid Welch and Bloomberg
  • Mary Barra, chief executive officer of General Motors Co., during an interview in New York, US, on Thursday, Feb. 16, 2023. Barra discussed electric vehicles and global economics. Photographer: Victor J. Blue/Bloomberg via Getty ImagesFinance

    GM announces record $10 billion stock buyback—more than it’s spending on UAW raises—as its electrification push stalls

    BYDavid Welch and Bloomberg
  • CHICAGO, USA – FEBRUARY 09: Chevrolet shows Blazer car during the Chicago Auto Show at McCormick Place convention center on February 09, 2023 in Chicago, Illinois, United States.The show will open to the public on February 11 and run through February 20. (Photo by Jacek Boczarski/Anadolu Agency via Getty Images)Finance

    Carmakers are struggling to make electric vehicles affordable for pinched consumers—and rethinking their investments amid sagging demand

    BYDavid Welch and Bloomberg
  • Autoworkers picketing a an auto plant in Ohio.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

    BYDavid Welch, Gabrielle Coppola, and others
  • SAN FRANCISCO, CALIFORNIA – OCTOBER 24: ‘Cruise’ driverless robot taxis are seen at a parking lot as California Department of Motor Vehicles (DMV) revokes its self-driving car permit and citing ‘unreasonable risk to public safety’ in San Francisco, California, USA on October 24, 2023. The self-driving service of ‘Cruise’, the autonomous vehicle company owned by General Motor, is thought to be a step towards wider commercial deployment of a long-promised autonomous alternative to ride-hailing services such as Uber or Lyft in the US. (Photo by Tayfun Coskun/Anadolu via Getty Images)Tech

    GM’s Cruise grounds its entire fleet of driverless vehicles to ‘earn public trust’ after California suspension over high-profile accidents

    BYDana Hull, David Welch, and others
  • LOUISVILLE, KENTUCKY – OCTOBER 14: Factory workers and UAW union members form a picket line outside the Ford Motor Co. Kentucky Truck Plant in the early morning hours on October 14, 2023 in Louisville, Kentucky. UAW leadership announced that the Kentucky Truck Plant would be the latest automotive manufacturing facility to join the nationwide strike. (Photo by Michael Swensen/Getty Images)Leadership

    Ford reaches tentative deal with striking autoworkers, marking a huge breakthrough in a work stoppage that’s cost the industry billions

    BYKeith Naughton, David Welch, and others