General Motors profits top estimates on limited Q3 strike hit

General Motors reported better-than-expected quarterly profits Tuesday behind strong US sales and a limited impact from a labor strike that began late in the quarter.

The big US automaker reported third-quarter profits of $3.1 billion, down seven percent from the year-ago period but better than analyst estimates, as it withdrew its full-year forecast due to uncertainty over the strike, which is nearing its sixth week.