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David Welch

Stay informed with David Welch’s coverage and analysis.

Nikola shares plunge after CEO says startup can go it alone
TechNikola shares plunge after CEO says startup can go it alone
By Edward Ludlow, David Welch and BloombergOctober 16, 2020
Nikola shares slump after blanket denial of short-seller report
TechNikola shares slump after blanket denial of short-seller report
By Stefan Nicola, David Welch and BloombergSeptember 11, 2020
Trump attacks GM CEO Mary Barra, sending ventilator deal reeling
PoliticsTrump attacks GM CEO Mary Barra, sending ventilator deal reeling
By David Welch, Shira Stein, Josh Wingrove and BloombergMarch 27, 2020
General Motors CEO Mary Barra Gives Business Update At Fort Wayne Assembly Plant
GM is exiting 3 more markets
By David Welch, Melissa Cheok and BloombergFebruary 17, 2020
MELROSE PARK, IL - APRIL 17: International trucks are parked in a lot outside of a Navistar facility on April 17, 2018 in Melrose Park, Illinois. Volkswagen AGs commercial-vehicles unit is considering a takeover of Navistar which builds International trucks. (Photo by Scott Olson/Getty Images)
VW offers $2.9 billion to buy the rest of Navistar in U.S. truck market push
By Christoph Rauwald, Eyk Henning, Ed Hammond, David Welch and BloombergJanuary 31, 2020
22 November 2019, Baden-Wuerttemberg, Stuttgart: The Mercedes star can be seen on the tower of the main station. Photo: Marijan Murat/dpa (Photo by Marijan Murat/picture alliance via Getty Images)
Carmakers Announced 20,000 Layoffs in a Week as Electric Shift Upends Industry. And It’s Going to Get Worse
By Christoph Rauwald, David Welch, Anurag Kotoky and BloombergDecember 4, 2019
A Fiat Chrysler Automobiles NV 2019 Jeep Renegade sports utility vehicle (SUV) is displayed at a car dealership in Tinley Park, Illinois, U.S., on Monday, Sept. 30, 2019. Auto sales in the U.S. probably took a big step back in September, setting the stage for hefty incentive spending by carmakers struggling to clear old models from dealers' inventory. Photographer: Daniel Acker/Bloomberg via Getty Images
Fiat and PSA Are Talking Auto Industry Mega-Merger. But a Tie-Up Won’t Fix Their China Woes
By David Welch, Tommaso Ebhardt, Ania Nussbaum and BloombergOctober 30, 2019
GM strike
GM Strike Ends After Almost 6 Weeks and $2 Billion in Costs
By David Welch and BloombergOctober 25, 2019
BEDFORD, INDIANA, UNITED STATES - 2019/10/16: United Auto Workers (UAW) members keep a fire going to stay warm on the picket line outside the Bedford Casting Operations plant. UAW leaders announced on October 16, 2019 they have reached a tentative deal with General Motors to end a nationwide strike that began September 16th. According to the GM website the Bedford casting plant, "produces transmission casings, converter housings, heads, and small gas engine blocks that are used in Chevrolet, Buick, GMC and Cadillac vehicles.". (Photo by Jeremy Hogan/SOPA Images/LightRocket via Getty Images)
GM Reached a Deal With Its Auto Workers Union, But Ending the Strike Could Still Take Weeks. Here’s Why
By David Welch, Keith Naughton and BloombergOctober 17, 2019
GM Strike Far From Ending as Stocks Plunge and Costs Mount
FinanceGM Strike Far From Ending as Stocks Plunge and Costs Mount
By David Welch and BloombergSeptember 16, 2019
Members of the United Auto Workers (UAW) who are employed at the General Motors Co. Flint Assembly plant in Flint, Michigan, hold signs and cheer as workers drive out of the plant as they go on strike early on September 16, 2019. - The United Auto Workers union began a nationwide strike against General Motors on September 16, with some 46,000 members walking off the job after contract talks hit an impasse. (Photo by JEFF KOWALSKY / AFP) (Photo credit should read JEFF KOWALSKY/AFP/Getty Images)
LeadershipGM’s Autoworker Strike Could Cost the Carmaker $50 Million a Day
By David Welch, Keith Naughton and BloombergSeptember 16, 2019
GM electric cars
GM Is Planning Electric Cars That Won’t Give Buyers Sticker Shock, General Motors President Says
By David Welch and BloombergJune 5, 2019
Tesla Logo
FinanceTesla’s Secret Source of Cash Has Finally Been Revealed
By Miles Weiss, David Welch and BloombergJune 3, 2019
WaymoIPACE
TechWaymo Set to Bring a Motor City Plant Back to Life to Manufacture Driverless Cars
By David Welch and BloombergApril 23, 2019
Rivian Unveils First-Ever Electric Pickup Truck Before Its Official Reveal At The LA Auto Show
Startups & VentureTalks Between GM and Amazon-Backed Electric-Car Startup Rivian Are Dead
By David Welch and BloombergApril 12, 2019
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