Friday, January 28, 2011

Ford earns $6.6 billion in 2010

Ford said this morning that it earned a profit of $6.6 billion in 2010, less than the company was expected to report, but the most since 1999 when the automaker’s Explorer was America’s most popular SUV.

Ford also said that its hourly workers will receive an average profit-sharing check of $5,000.

The profit-sharing checks that Ford’s 40,600 U.S. hourly employees will get in March will be the largest since they received $6,700 in 2001.

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