Announced that Ford -the only US car company , which managed to avoid bankruptcy- achived profits in 2009 reached 2.7 billion $ , and expected presistence of profits in 2010. The company was able to make a profit last year despite the drop in revenues by 20% compared with 2008 to 118.3 billion dollars. The company benefited from lower costs and achieve the financial arm of the profits amounted to 1.3 billion $ , and the production of popular cars such as the Fusion , Escape . Ford has reduced the cost of prodution , sales and advertising by 5.1 billion$ in 2009. The company increased its share in the markets of North and South America and Europe, although the largest decline in sales experienced by the United States in 30 years. President and chief executive Allan Mulally said in a statement that despite the challenges still faced by Ford , the year 2009 was crucial. The price of Ford shares in the market by 1% after the announcement of the statement to 11.66 dollars.
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