Strong Auto Prices Lift GM Results As It Eyes China Revamp

General Motors' Cadillar Lyriq is built in Spring Hill, Tennessee in a plant that can produce either conventional or electrical vehicles, depending on demand (Credit: AFP)

General Motors reported strong earnings Tuesday on robust pricing as the Detroit giant said it was hopeful about returning to profitability in China and reiterated a flexible approach to EV investment.

The big US automaker lifted some of its full-year profit projections as it reported better-than-expected third-quarter results, boosting shares.