General Motors Q3 revenue jumps to $48.6 billion on SUV demand

General Motors surpassed expectations with Q3 revenue of $48.59 billion (vs $45.02 billion forecast) and net income of $3.5 billion, driven by robust SUV and pickup sales in North America. EPS beat analyst estimates on strong retail mix and cost controls. International operations returned to profitability as EV deliveries grew 24% quarter-on-quarter. GM raised its FY2025 outlook and announced a $1 billion share buyback program amid steady demand in the U.S. auto market.