LG Will Cover the Cost of General Motors' Massive $2 Billion Chevy Bolt Recalls: What It Means - NewsBreak

GM has recalled every Chevy Bolt ever made, about 153,000 vehicles, on concerns about battery fires. LG has agreed to cover the cost of those recalls, nearly $2 billion. GM and LG will begin replacing defective battery modules this month. Investors in General Motors (NYSE:GM) who have been worried about...