GM — GM Lifts Full-Year Profit Forecast, Pivots To Gas-Powered Trucks And SUVs

General Motors raised its 2026 profit guidance, citing a successful pivot toward more profitable gasoline-powered trucks and SUVs amid a favorable regulatory environment. The automaker now projects full-year EBIT between $14 billion and $16 billion, an increase from its previous forecast. The strategic shift away from an aggressive EV rollout has been well-received by investors, with GM's stock price rising more than 50% since the start of the second Trump term.