(Reuters) -General Motors lifted its financial outlook for the year and slightly lowered its expected hit from tariffs, as the automaker settles into a more stable trade landscape while confronting a dynamic electric vehicle market and new supply-chain snarls.

The company now expects its annual adjusted core profit to be between $12.0 billion to $13.0 billion, compared with its prior estimate of $10.0 billion to $12.5 billion. The Detroit automaker said tariffs would hit its bottom line less than anticipated, lowering its updated impact to a range of $3.5 billion to $4.5 billion, from a previous $4 billion to $5 billion.

Shares rose 6% in premarket trading.

The auto giant earlier this month took a $1.6 billion charge from changes to its EV strategy. At the end of September, a $7,500 tax

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