Ford Had $8.3 Billion In Pre-Tax Profits For 2010
This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry
Ford Motor Company (NYSE:F) has announced their biggest annual profit in the last decade. Ford made about $8.3 billion in pre-tax profits for 2010. This is a $3.8 billion increase from about a year ago. Ford had ended 2010 with automotive gross cash exeeding debt by about $1.4 billion. This is an improvement of $10.1 billion for the year ending 2009.