Ford Earned $6.6 Billion In 2010; Best Profit In More Than A Decade

Ford's logo. i
Carlos Osorio/AP
Ford's logo.
Carlos Osorio/AP

Ford Motor Co. just reported that it earned $6.6 billion last year, up from its $3.8 billion profit in 2009 and "the most since 1999," says the Detroit Free Press.

The Detroit News adds that Ford will "give some 40,600 hourly workers profit-sharing checks averaging $5,000 in March." And, the News says, "the 2010 earnings report and profit-sharing announcement caps a year of continued good news from the Dearborn automaker, which has been boosted by its growing reputation among consumers, and a strong lineup of new models."

Ford, unlike General Motors and Chrysler, declined federal bailout money in 2008.



Please keep your community civil. All comments must follow the Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.