GM’s Adjusted Profit Rises as SUV and Truck Demand Supports Results
General Motors recorded an increase in adjusted pre-tax profit for the fourth quarter, driven by stronger sales of lower-priced crossover SUVs and pickup trucks. The company posted about $2.84 billion in adjusted pre-tax earnings, up from roughly $2.51 billion a year earlier, and issued annual adjusted core profit guidance of $13 billion to $15 bil…