David Welch

Stay informed with David Welch’s coverage and analysis for Fortune.

  • Bill Ackman, chief executive officer of Pershing Square Capital Management LP, speaks during the WSJ D.Live global technology conference in Laguna Beach, California, U.S., on Tuesday, Oct. 17, 2017. WSJ D.Live conference brings together CEOs, founders, investors, and luminaries to discuss the global technology environment and how to move the industry forward. Photographer: Patrick T. Fallon/Bloomberg via Getty ImagesFinance

    Bill Ackman makes big bet on Hertz becoming tariff winner

    By David Welch and Bloomberg
  • Happy salesman showing cars to a couple at the dealershipPolitics

    GM, Hyundai sales jump as Trump tariff fears spur car buying

    By David Welch, Keith Naughton, and others
  • GM CEO Mary Barra speaks on stage during TechCrunch DisruptFinance

    GM boosts investor payout with new buybacks, dividend hike

    By David Welch and Bloomberg
  • A man loads cars onto a transporter at a Carvana vending machineFinance

    Carvana drops as per-vehicle profit misses high expectations

    By David Welch and Bloomberg
  • traffic on the freewayRetail

    Car prices face $3,000 increase as automakers worry over tariffs

    By Bloomberg, Jacob Lorinc, and others
  • Toshihiro Mibe, chief executive officer of Honda Motor Co., right, speaks next to Makoto Uchida, chief executive officer of Nissan Motor Co., during a joint news conference in Tokyo, Japan, on Thursday, Aug. 1, 2024.Finance

    Nissan explores merger with Honda, sparking record share jump

    By Siddharth Vikram Philip, Albertina Torsoli, and others
  • 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

    By David Welch, Haze Fan, and others
  • Elon Musk and Donald TrumpTech

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

    By David 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

    By David Welch and Bloomberg
  • Elon MuskRetail

    Buying 100,000 Teslas continues to haunt Hertz

    By David Welch and Bloomberg
  • Michigan Governor Gretchen WhitmerPolitics

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

    By David 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

    By Mary 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

    By Erik 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

    By David 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’

    By David Welch, Rick Clough, and others