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David Welch
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
Bloomberg
Finance
Carmakers are struggling to make electric vehicles affordable for pinched consumers—and rethinking their investments amid sagging demand
BY
David Welch
and
Bloomberg
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 others
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 others
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
, and others
Tech
California suspends Cruise self-driving cars from operating in the state after series of high-profile accidents
BY
Dana Hull
,
David Welch
, and others
Tech
Federal regulators are investigating whether Cruise robotaxis are risky to pedestrians following several accidents
BY
Keith Laing
,
David Welch
, and others
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 others
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 others
Tech
SoftBank places big bet autonomous trucks will ‘fundamentally change’ supply chains
BY
Keith Naughton
,
David Welch
, and others
Retail
One of the biggest gas-guzzling SUVs—the Cadillac Escalade—is going electric. But it will cost you $130,000
BY
David Welch
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
Bloomberg
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
Bloomberg
Tech
GM joins Ford in plugging into Tesla’s EV charging network and making it the defacto U.S. standard
BY
David Welch
and
Bloomberg
Finance
Elon Musk’s Tesla price cuts could start a pricing war and turn EVs into commodities, Ford CEO Jim Farley says
BY
Keith Naughton
,
David Welch
, and others
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Most Popular
Companies
‘If Tesla gets unionized it’s because we deserve it’: Elon Musk says he’s made his factory workers millionaires but...
BY
Eleanor Pringle
Tech
‘Every great company is born in a winter’: Jack Ma stuns Alibaba employees with memo calling for firm he co-founded to...
BY
Zheping Huang
,
Jane Zhang
, and others
Asia
The CEO behind nearly 10,000 KFCs in China explains the country’s consumption slump: A ‘psychological’ consequence of...
BY
Nicholas Gordon