General Motors lost $194 million in the fourth quarter, including a $2.6 billion hit from the UAW's strike, resulting in a net profit of $6.7 billion in 2019.

Adjusted earnings before interest and taxes in the quarter plummeted 96 percent from a year earlier to $105 million. Revenue declined 20 percent to $30.8 billion, and the company's profit margin declined 7 full points to 0.3 percent.

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GM's Futile Battle With The Union Leads To A 4th Quarter Loss Of $194 Million

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