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Report: Automakers make up 10% of Forbes list of 100 largest companies

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Old 04-19-2012, 05:00 PM
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Default Report: Automakers make up 10% of Forbes list of 100 largest companies



Forbes has measured the largest 100 companies in the world, and 10 automakers have made the list. This list is unique in that it measures the size of a company using a combination of sales, assets, profits and market value.

Volkswagen
was rated as the top automaker in the top 100 (number 17 overall), with sales of $221 billion and $21.5 billion in profit. Toyota finished a close second, ranked number 25 overall with sales of $228.5 billion. Daimler finished at 37 due in part to $188.7 billion in assets and a $66.3 billion market cap. Ford came in at 44 with a market value of $47.5 billion. Honda, which also sells motorcycles and generators, among other things, rounds out the top five with $137.7 billion in assets.

Finishing outside of the top five were BMW (61), General Motors (63), Nissan (85), Mitsubishi (95) and Hyundai (96). Mitsubishi made the top 100 in part because it sells hoards of electronics around the world.

No automakers were able to crack the top 10, even with massive sales volume and solid profits. The top 10 was, however, dominated by the oil companies that feed those cars and trucks. Exxon finished number one, with five other oil companies in the top 12.Automakers make up 10% of Forbes list of 100 largest companies originally appeared on Autoblog on Thu, 19 Apr 2012 16:58:00 EST. Please see our terms for use of feeds.


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Last edited by Jazz; 04-19-2012 at 06:40 PM.




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