DETROIT—General Motors Co. on Feb. 6 reported a quarterly profit that exceeded Wall Street expectations, thanks to high-margin pickup trucks and small SUVs in the U.S. market and cost-cutting.
All of the No. 1 U.S. automaker’s profit came from North America, where those lucrative models helped overcome an overall drop in the number of vehicles it sold. The company’s operations in China and South America combined added nothing to the company’s bottom line in the quarter. Shares rose 1.4 percent.
