Ford Motor Co. today said 2010 was its most profitable year in more than a decade, and it will give 40,600 hourly workers profit-sharing checks of about $5,000 each in March. Net income totaled $6.6 billion — Ford's second consecutive year in the black after three years of losses.
"2010 was an extraordinary year with our results exceeding our expectations," said Ford CEO Alan Mulally. The automaker is "accelerating our transition from fixing the business fundamentals to delivering profitable growth for all. We are investing in an unprecedented amount of products, technology and growth in all regions of the world."
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