GM Shares Surge as Pricey Cadillacs Fuel Surprise Jump in Profit
- Full-year earnings may be at high end of its forecast range
- Income from China operations set a third-quarter record
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General Motors Co. shares climbed after the automaker posted a surprise increase in profit on strong demand for higher-priced Cadillacs in China and SUVs in the U.S. The company also hinted that full-year earnings may be at the high end of the range that it has forecast.