GM releases 2023 financial report, with slight increase in net profit and electric vehicle business attracting attention

General Motors recently released its 2023 financial report, which showed that the company's full-year revenue reached US$171.8 billion, a year-on-year increase of 9.6%; net profit was US$10.1 billion, a slight increase of 1.9% year-on-year. Although the adjusted EBITDA was US$12.4 billion, a year-on-year decline of 14.6%, the development of the electric vehicle business still attracted widespread attention.