DEARBORN, Mich., Jan. 28 (UPI) -- Ford Motor Co. broke the profit barrier in 2009, making a $2.7 billion while U.S. rivals were restructuring in bankruptcy, the company said Thursday.
While General Motors Co. and Chrysler Group turned to the government for billions of dollars in aid, Ford ended the year with $25.5 billion in cash reserves, nearly twice the cash it had on hand at the end of 2008, The New York Times reported.