General Motors has increased its financial outlook for the year and reduced expected tariff impact. Annual adjusted core profit now estimated between $12.0 billion to $13.0 billion. Tariffs expected to hit bottom line less than anticipated, revised impact now $3.5 billion to $4.5 billion. Shares rose 6% in premarket trading. GM CEO predicts future charges related to EVs.

Read more at Yahoo Finance: General Motors lifts forecast as tariff outlook improves