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International News and Market Update: Boeing plane orders top cancellations for eighth straight month, and more.

International News and Market Update: Boeing plane orders top cancellations for eighth straight month, and more

Boeing plane orders top cancellations for eighth straight month

Boeing reported an eighth straight month of net aeroplane sales on Tuesday, but deliveries of its Dreamliner planes remain suspended as they undergo quality checks. The aeroplane maker posted sales of 27 planes in September, including 16 737 Maxes and six 777 Freighters. September, as well as the cancellation of five aircraft. Boeing said it delivered 35 jets last month. Among them were 26 737 Maxs. Net orders for the year through September total 349. Boeing aircraft orders surpass cancellations for eighth straight month

LG to pay up to $1.9 billion to General Motors over Bolt EV battery fires

LG Electronics has agreed to pay General Motors up to $1.9 billion to recall and repair Chevrolet Bolt electric vehicles recall and repair. This is due to fire risks caused by faulty batteries from the South Korean supplier. Problems with the Bolt – the company’s flagship vehicle – have led to the automaker having to recall every single electric car since production began in 2016. Fixing the vehicles, including replacing some batteries entirely, is expected to cost $2 billion, GM said Tuesday. That’s an increase from an earlier estimate of $1.8 billion.

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