News In Brief

'83 General Motors profits hit $3.73 billion, a record

General Motors reported record profits Tuesday of $3.73 billion, or $11.84 a share, on revenues of almost $74.6 billion for 1983. The results were a sharp improvement over 1982.

The company said the 1983 profits provided a profit-sharing fund of $322 million to be distributed to about 531,000 employees in this country.

The GM statement said the profit-sharing plan will pay about $640 to each employee who worked a normal schedule throughout 1983.

''No other company anywhere in the world, at any time in the past, has ever shared such a large amount of profits with its employees,'' GM chairman Roger Smith and president James McDonald said in the statement.

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.