Ford said today it earned a profit of $2.7 billion, a stunning improvement over its historic, $14.7-billion loss in 2008, especially for a year that saw industry sales drop to their lowest level since 1982. It also marks the company's first full-year profit since 2005. Ford, which has been criticized by the UAW for reinstating merit pay and other benefits for its salaried work force, also said today that it will pay profit sharing to 43,000 eligible U.S.
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Ford reports first profit in four years
