General Motors doubled its net income to a record $2.8 billion for the third quarter, helped by high margins on light truck sales in the U.S. and continued solid results in China, its two largest markets.
GM said adjusted earnings per share were $1.72, handily beating analysts’ estimates of $1.44 per share, as revenue soared to $42.8 billion, the highest ever.
“ Our record third quarter, led by strong performance in the U.S. and China, reflects our determination to deliver on our commitments.
