LG Net Profit Marred By Recall Payment To General Motors
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July 28, 2023
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Economic headwinds and lower consumer demand has seen LG’s net profit drop by over 40 percent in second quarter-by-quarter results. LG said... Read More
Big Auto Brand Dumps Android & Apple AirPlay
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April 5, 2023
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General Motors will remove Apple CarPlay and Android Auto from its EVs in favour of Google’s in-car functionality. This news comes as... Read More
LG EV Battery-Fire Recalls A Big Problem
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April 6, 2022
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Days after a house burnt down in Sydney with a Tesla car charging system blamed comes news that LG is now fighting... Read More
LG Posts Record High Sales, Huge Decline In Profits
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October 29, 2021
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LG Electronics has posted the highest quarterly revenue in the company’s history, with consolidated revenue of A$21.5 billion, a 22 per cent... Read More
LG Reports Record Sales But Plummeting Profits
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October 13, 2021
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LG Electronics has enjoyed its highest-ever sales during the third quarter of 2021, but a costly recall of General Motors’ Chevrolet Bolt... Read More
LG Faces Billion-Dollar Battery Fire Disaster
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August 23, 2021
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General Motors is blaming battery supplier LG for a spate of Chevy Bolt vehicles catching on fire and leading to a mass... Read More
GM Ramps Up EV Push
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June 18, 2021
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Iconic automaker General Motors has boosted its spending on electric and autonomous vehicles and is fast tracking plans for two US battery... Read More
