The US auto parts supplier Federal-Mogul recently announced that in 2010, Federal-Mogul’s net profit reached US$161 million, compared with a net loss of US$45 million in 2009.

In 2010, Federal-Mogul revenue reached 6.2 billion U.S. dollars, an increase of 889 million U.S. dollars compared with 2009, an increase of 17%; gross profit exceeded 1 billion U.S. dollars, an increase of 215 million U.S. dollars from 2009, an increase of 27%.

Benefiting from the rapid growth in demand for BRIC cars, in 2010, the profit before depreciation and dilution of Federal-Mogul Equity reached US$671 million, an increase of US$168 million or 33% over 2009.

In the fourth quarter of 2010, Federal-Mogul revenue reached 1.6 billion U.S. dollars, an increase of 180 million U.S. dollars over 2009, and a net profit of 45 million U.S. dollars.

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