GM Raises 2026 Profit Forecast and Boosts Shareholder Returns on Strong Truck Sales

General Motors (GM) raised its 2026 profit forecast and announced increased dividends and a $6 billion share buyback program following better-than-expected Q4 results. The automaker projects adjusted EBIT of $13-15 billion for 2026, up from $12.7 billion in 2025, driven by strong sales of high-margin trucks and SUVs. GM posted Q4 adjusted EPS of $2.51, beating estimates, though it recorded a $3.3 billion net loss due to $7.2 billion in special charges related to EV scaling back and China restructuring. The company is reducing its EV sales mix as regulatory changes favor traditional vehicles. CEO Mary Barra confirmed ongoing EV efforts but emphasized a more cautious approach. GM shares rose 3.6% pre-market to $82.31.