Automakers make up 10% of Forbes list of 100 largest companies
Posted Apr 19th 2012 5:30PM
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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 US$221 billion and US$21.5 billion in profit. Toyota finished a close second, ranked number 25 overall with sales of US$228.5 billion. Daimler finished at 37 due in part to US$188.7 billion in assets and a US$66.3 billion market cap. Ford came in at 44 with a market value of US$47.5 billion. Honda, which also sells motorcycles and generators, among other things, rounds out the top five with US$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.
