David Welch

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

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Ford CEO Jim Farley pats a Ford F-150 Lightning truck

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

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

GM offers blanket buyouts to staff in a move to ‘accelerate the normal attrition process’ to cut $2 billion in costs

By David Welch and Bloomberg

Personal Finance

New cars are now toys for the rich as average monthly payment doubles: ‘A new car in every American’s driveway is not the world we live in’

By David Welch, Keith Naughton, and others

Elon Musk gestures as he speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. – Billionaire entrepreneur Elon Musk delivered an eagerly-awaited update on SpaceX’s Starship, a prototype rocket the company is developing for crewed interplanetary exploration. (Photo by JIM WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)

Tesla owners lash out at Elon Musk after he slashes car prices by thousands of dollars: ‘I feel like I got duped’

By David Welch, Sean O'Kane, and others

Young people involved in a car crash.

Americans are increasingly driving while stoned or drunk. Deaths are on the rise, too.

By David Welch and Bloomberg

Elon Musk pauses and looks down as he speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. – Billionaire entrepreneur Elon Musk delivered an eagerly-awaited update on SpaceX’s Starship, a prototype rocket the company is developing for crewed interplanetary exploration. (Photo by JIM WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)

GM suspends advertising on Twitter so it can ‘understand’ the service’s direction under new owner Elon Musk

By David Welch and Bloomberg

A woman sits in front of a laptop in emotional tension

GM tells remote workers to ‘pivot’ in return-to-office mandate

By David Welch, Victoria Cavaliere, and others

Pro-choice protesters dressed in red robes as characters from The Handmaid’s Tale hold signs on Parliament Hill during the National March for Life in Ottawa, Ontario, on May 12, 2022. – The protest comes amid a political firestorm in the United States ignited by a leaked draft opinion that showed the Supreme Court’s conservative majority preparing to overturn Roe v. Wade, a landmark 1973 ruling guaranteeing abortion access nationwide. (Photo by Lars Hagberg / AFP) (Photo by LARS HAGBERG/AFP via Getty Images)

With Roe overturned, Canada could become an abortion destination. The challenge will be affording the trip

By David Welch, Danielle Bochove, and others

Toyota Corolla Cross

Toyota becomes the top selling automaker in the U.S.

By Richard Clough, David Welch, and others

A Chevrolet Bolt electric vehicle (EV) in West Bloomfield, Michigan, U.S., on Monday, Aug. 30, 2021. General Motor Co. has recalled every Chevrolet Bolt it has built due to the risk of battery fires and warned owners not to park them in their garage–leaving owners frustrated.

GM reveals when it will start replacing fire-prone Chevy Bolt batteries

Signage outside Lordstown Motors Corp. headquarters in Lordstown, Ohio, U.S., on Saturday, May 15, 2021. Lordstown Motors Corp. is scheduled to release earnings figures on May 24. Photographer: Dustin Franz/Bloomberg via Getty Images

The future of one time star Lordstown Motors is in question after top executives depart

By David Welch and Bloomberg

Signage outside Lordstown Motors Corp. headquarters in Lordstown, Ohio, U.S., on Saturday, May 15, 2021. Lordstown Motors Corp. is scheduled to release earnings figures on May 24.

Electric carmaker Lordstown Motors warns that it’s running out of cash

By David Welch and Bloomberg

LOS ANGELES, CA – JANUARY 28: An Apple store is photographed in Pasadena on Thursday, Jan. 28, 2021 in Los Angeles, CA. (Dania Maxwell / Los Angeles Times via Getty Images)

Apple more than doubled road tests of autonomous cars in 2020

By Mark Gurman, David Welch, and others

Apple talks with Hyundai, Kia on electric car paused recently

By Mark Gurman, Edward Ludlow, and others

An employee installs components on a vehicle at the General Motors Co. Lansing Delta Township Assembly Plant in Lansing, Michigan, U.S., on Friday, Feb. 21, 2020. The plant started production in 2006 and employs over 2,500 workers over two shifts. Photographer: Jeff Kowalsky/Bloomberg via Getty Images

GM to only sell zero-emissions models by 2035

By Bloomberg and David Welch