Ford told the government thanks, but no thanks to federal bailout money and the American people responded favorably to their independence.
Ford Motor Co. made $2.7 billion in 2009, its first annual profit in four years.
The automaker on Thursday also forecast a full-year profit in 2010. Earlier it had only promised to be "solidly profitable" in 2011.
The profit surprised Wall Street, where analysts surveyed by Thomson Reuters expected an annual loss of 31 cents.
In the fourth quarter, Ford earned $868 million, or 25 cents per share, compared with a loss of $5.9 billion a year earlier. Ford earned money in three of the four quarters last year. [MyWayNews]
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