GM profit surges 74% to $4 billion in Q3

Flags fly in front of the Renaissance Center, home of General Motors Co. (GM) in Detroit, Michigan, U.S., on Tuesday, July 16, 2019. Photographer: Jeff Kowalsky\/Bloomberg (Bloomberg/Bloomberg)

November 05, 2020 01:23 PM

DETROIT -- General Motors said Thursday its net income surged 74 percent in the third quarter to $4 billion as the automaker continued to recover from the coronavirus pandemic and replenish inventories of pickups and SUVs.

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