The SUV would be a more urban and family-oriented version of the 2022 pickup.

General Motors is expected to begin building the SUV in Detroit in early 2023.

Global revenue in the fourth quarter rose 22 percent to $37.5 billion and adjusted earnings before interest and taxes rose to $3.7 billion from $105 million a year earlier.

The automaker plans to sell zero-emission vehicles across a range of price points and segments, power its facilities with renewable energy and work with stakeholders to build a charging infrastructure and promote customer adoption of electric vehicles.

GMC launched a multiyear sponsorship with Chip Ganassi Racing. The team's electric SUV features a grille, graphics and bodywork inspired by the Hummer pickup.

The brand, called BrightDrop, will sell a commercial van called the EV600 and an electric pallet to help with deliveries. It initially will operate in the U.S. and Canada with a new BrightDrop dealer network.

The automaker's marketing strategy will be centered on EVs, and the GM logo will be modernized with a sky-blue hue and lowercase letters.

The Hummer SUV and Chevy pickup are expected to be built starting in 2023 or 2024, but those schedules likely will be accelerated. 

GM said it will move up the scheduled launches of some EVs and introduce at least 30 EVs globally by mid-decade, including 20 in North America.

The automaker said sales in the U.S. and China were recovering faster than expected, and its earnings rose significantly even though revenue was flat from a year ago.

The fully loaded version of the brand's first electric vehicle will sell for more than $112,000 and come with a slew of off-roading technology.

GM will own 11 percent of the EV startup. The agreement will commercialize GM's fuel cell technology in high volumes and extends the use of its fuel cell system to the semi-truck market.

When the pandemic hit, auto industry leaders knew two things: The supply chain was in danger of crashing, and that could not happen.

Dhivya Suryadevara, who orchestrated a restructuring plan for GM in her nearly two years running the automaker's finances, is taking a job outside the auto industry. John Stapleton will be acting CFO during the search for a successor.

FCA said GM's attempt to revive a federal racketeering case that a judge dismissed in July with new claims of bribery and corporate espionage is "meritless and should be denied."