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23. Daimler
Daimler
Financials: Latest Results
Rank: 23 (Previous rank: 11)
CEO: Dieter Zetsche
Employees: 273,216
Address: Mercedesstrasse 137
Stuttgart,   70546
Country: Germany
Website: www.daimler.com

Evidenced by the bankruptcies of General Motors and Chrysler, 2008 was a painful year to be selling cars. Daimler's earnings fell by 64% as sales plunged in Europe and the U.S. -- a key market for Daimler's Mercedes-Benz division. Its focus on higher-priced cars -- Daimler is the world's No. 2 luxury carmaker behind BMW -- didn't make things easier during the recession.

CEO Dieter Zetsche this year detailed plans to save billions by cutting production and using the same parts across many of its cars. But as the global recession drags on, analysts are not asking if Daimler will lose money this year, but how much.

  $ millions % change from 2007
Revenues 140,327.9 -20.8
Profits 1,973.0 -63.8
Assets 183,784.4
Stockholders' equity 43,390.2
Profits as % of  
Revenues 1.4
Assets 1.1
Rank Company Global 500
rank
Revenues
($ millions)
1 Toyota Motor 10 204,352.3
2 Volkswagen 14 166,579.1
3 General Motors 18 148,979.0
4 Ford Motor 19 146,277.0
5 Daimler 23 140,327.9
6 Honda Motor 51 99,652.4
7 Fiat 64 86,913.6
8 Nissan Motor 67 83,982.0
9 Peugeot 75 79,560.1
10 BMW 78 77,863.7
11 Hyundai Motor 87 72,541.8
12 Robert Bosch 98 66,051.7
13 Renault 130 55,314.1
14 Volvo 163 46,057.2
15 Johnson Controls 198 38,062.0
16 Continental 222 35,477.8
17 Bridgestone 270 31,292.5
18 Denso 271 31,282.2
19 Suzuki Motor 290 29,910.8
20 Mazda Motor 352 25,242.5
21 Shanghai Automotive 359 24,882.2
22 MAN Group 368 24,275.2
23 Michelin 376 24,016.1
24 Magna International 384 23,704.0
25 China FAW Group 385 23,664.4
26 Aisin Seiki 417 22,043.2
27 China South Industries Group 428 21,675.4
28 Delphi 453 20,383.0
29 Mitsubishi Motors 470 19,645.0
30 Goodyear Tire & Rubber 472 19,488.0
From the July 20, 2009 issue
Figures prepared in accordance with International Accounting Standards.
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Rank # of Global 500 Companies
U.S. 140
Japan 68
France 40
Company 2008 Number of Employees
Wal-Mart Stores 2,100,000
China National Petroleum 1,618,393
State Grid 1,537,000
Company 2008 Profits
($ millions)
Exxon Mobil $45,220
Gazprom $29,864
Royal Dutch Shell $26,277
FAQ and methodology
All companies on the list must publish financial data and report part or all of their figures to a government agency. In the U.S., private companies and cooperatives... More
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