DETROIT — General Motors posted net income of $2.8 billion in the fourth quarter, including an adjusted $2.6 billion profit in North America.
The gain compares to a $194 million loss a year earlier as a result of the UAW strike.
The profit brings GM's full-year net income to $6.4 billion, down 4.5 percent from 2019, the automaker said Wednesday.
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.
GM earned $283 million from its international regions, compared to a $120 million loss a year earlier, and China equity income was $248 million, up from $239 million.
Earnings from GM Financial more than doubled to $1 billion.