Albeit just barely. After having languished in the number38 spot since 2010, thanks to corporate earnings, the
General was able to beat out Bank of America Corp, by some
$1.4 million in profit to secure its place once again
on the Top 20 World's Largest Corporations list.
By Huw Evans, autoguide.com - However, despite the news, there are those that say GM still has a long way to go to regain its former prominence. As for other automakers, the General's cross-town rival, Ford Motor Company is ranked number 25 on the list, down two places from last year.
By contrast, Japanese juggernaut Toyota is ranked number 9 on the same list, also making it the top automaker, according to Fortune Magazine. Volkswagen is the only other automaker in the Top 20, placing 13th overall.
As for the top spot? It belongs to none other than Walmart, which raked in revenue of some $421.85 million.
By contrast, Japanese juggernaut Toyota is ranked number 9 on the same list, also making it the top automaker, according to Fortune Magazine. Volkswagen is the only other automaker in the Top 20, placing 13th overall.
As for the top spot? It belongs to none other than Walmart, which raked in revenue of some $421.85 million.
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