General Motors Co. (NYSE:GM) has experienced a setback in its legal battle against aftermarket auto parts provider LKQ Corp. (NASDAQ:LKQ) regarding fender designs. The U.S. Court of Appeals for the Federal Circuit overturned a previous decision favoring GM, marking a huge shift in design-patent law with a rare full-court decision. Reuters reported that the Federal Circuit Court discarded a long-standing test for determining the validity of a design patent and remanded the case to the U.S. Patent
General Motors (GM) and LG agree to create a $150 million fund to compensate Chevrolet Bolt EV owners affected by faulty batteries.