# US Stocks: GM's core profit rises 22% on strength of pickup-truck business

- Source: Economic Times
- Published: 2026-10-20T11:17:32+00:00
- Category: Business
- Original: https://economictimes.indiatimes.com/markets/us-stocks/news/us-stocks-gms-core-profit-rises-22-on-strength-of-pickup-truck-business/articleshow/135068643.cms
- Canonical: https://groundlevelnews.com/story/us-stocks-gm-s-core-profit-rises-22-on-strength-of-pickup-truck-busine-005b73/

General Motors exceeded analyst expectations in third-quarter earnings, driven by robust demand for their pickups and SUVs. The company reported an adjusted EBIT of $4.1 billion, marking a 22% year-over-year increase. Despite facing inflationary challenges, GM forecasts an adjusted EBIT of $14.5 billion to $15.5 billion by 2026. Additionally, a $20 billion stock buyback program was initiated to bo

_Ground Level News shows a short summary only; the full article and all rights belong to Economic Times._