There are two tales to General Motors Corp.’s 2003’s financial results due to a busy year that included the sale of its Hughes Electronics stock and a new contract with the United Auto Workers union. Including special items and Hughes, GM’s income in 2003 totaled $3.8 billion, or $7.14 per share, up dramatically from $1.7 billion ($3.35) in 2002. Revenue rose 4.6% to $185.5 billion from $177.3 billion in 2002, which is restated to exclude the Hughes sale, made official in December. ...
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