General Motors Co. (NYSE: GM) reported fourth-quarter 2023 revenue of $43.0 billion, net income attributable to stockholders of $2.1 billion and EBIT-adjusted of $1.8 billion on Jan. 30.
GM reported full-year 2023 revenue of $171.8 billion, net income attributable to stockholders of $10.1 billion and EBIT-adjusted of $12.4 billion.
GM Arlington Assembly is one of the single largest contributors to the margins and profits, explained Communications Manager Tom Read.
The 5.75 million sq. ft. GM Arlington Assembly facility sits on 250 acres and employs more than 5,000 workers, paying $471.7 million in taxable wages. Arlington Assembly builds full-size SUVs sold around the world, including every new full-size ICE powered SUV in GM’s product lineup.
Read the full news release on 2023 fourth-quarter and full-year results.