Ford Posts 2009 PROFIT

And that, ladies and gentlemen, is how it SHOULD be done... At least, this is what execs over at Ford must be thinking after the manufacturer released today the financial report for the entire 2009 year. Without rubbing anybody's face in it, the first automaker in the world to mass-produce cars posted a $2.7 billion net income, opposed to the $14.7 billion loss in 2008.

This means for Ford, apart from the pride of being the only US carmaker to manage a "+" worth mentioning, the first full-year profit since 2005.

“While we still face significant business environment challenges ahead, 2009 was a pivotal year for Ford and the strongest proof yet that our One Ford plan is working and that we are forging a path toward profitable growth by working together as one team, leveraging our global scale,” Ford President and CEO Alan Mulally said in a release.

“In every part of the world, we are providing customers with great products, building a stronger business and contributing to a better world. Our progress has helped us gain market share in most of our major markets.”

The profit earned by Ford last year even took by surprise Mulally, who wasn't anticipating an annual profit until 2011. Now, that things seem to have turned around, all Ford execs see big dollars coming in 2010, with the company aiming to be profitable on a pre-tax basis.

Ford will share part of the fruits of its endeavors with 43,000 eligible US hourly employees, who will receive an average of $450.

The full financial statement Ford released today can be found attached in the PDF attached below.