General Motors' Profit Soars on Strong SUV, Truck Demand; Raises 2026 Outlook

• General Motors reported a 13% surge in Q4 core profit to $2.84 billion, exceeding analyst expectations.
• The profit increase was primarily driven by robust sales of large pickup trucks and SUVs, especially in North America.
• GM raised its 2026 adjusted core profit outlook to $13 billion-$15 billion, surpassing LSEG analyst estimates.
• Despite higher commodity costs and chip shortages, GM anticipates saving up to $750 million from relaxed environmental regulations.
• The company boosted its quarterly dividend by 20% and approved a new $6 billion share buyback program, reaffirming its EV strategy despite challenges.

Why It Matters: General Motors' core profit rose significantly due to strong SUV and truck sales, leading to an optimistic 2026 outlook.