The American vehicle manufacturer General Motors (GM) is raising its full-year forecast and is exceeding expectations in its quarterly report for the third quarter of the year.
The raised forecast indicates an adjusted operating result of 12-13 billion dollars for 2025, up from a previous forecast of 10-12.5 billion.
An increase in demand for gasoline-powered SUV cars and pickup trucks after changed emission regulations in the USA is contributing to the development.
The share is rising in futures trading on Wall Street after the report.
The adjusted result for the third quarter fell to 2.80 dollars per share, down from 2.96 dollars a year earlier. But the average forecast was a profit decline to 2.27 dollars per share.
