| Company | 2007 Number of Employees |
|---|---|
| U.S. Postal Service | 785,929 |
| Sinopec | 634,011 |
| Hon Hai Precision Industry | 550,000 |
| Company | 2007 Profits ($ millions) |
|---|---|
| Exxon Mobil | $40,610 |
| Royal Dutch Shell | $31,331 |
| General Electric | $22,208 |
Rank: 18 (Previous rank: 16)
CEO: Martin Winterkorn Employees: 329,305 Address: Brieffach 1848-2 Wolfsburg 38436 Country: Germany Website: www.volkswagen.de High oil prices and the "greening" of industry have hit automakers especially hard. But CEO Martin Winterkorn responded by pledging to lead Europe’s biggest carmaker into a greener and more sustainable era. Thanks to global sales of its core brands like Audi, profit was up 63.5% to $5.64 billion last year.
Still, VW struggled in the United States. It cut prices on its Jetta and New Beetle models and launched new plants in an attempt to boost U.S. market share. Winterkorn aims to triple VW’s American sales by 2018. The company will announce the location of a new U.S. manufacturing plant in July. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Industry: Motor Vehicles and Parts
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...What Readers Say
They speak out on Volkswagen and other 500 companies...
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