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16. Volkswagen
Volkswagen
Rank: 16 (Previous rank: 14)
CEO: Martin Winterkorn
Employees: 368,500
Address: Brieffach 1848-2
Wolfsburg  38436
Country: Germany
Website: www.volkswagenag.com
Volkswagen Group sold 6.3 million cars in 2009 -- more than ever before. But margins were skimpy, as Audi contributed nearly all the profit; the volume brands -- Volkswagen, Seat, and Skoda -- barely broke even.

VW continues its aggressive expansion in 2010, opening a U.S. plant in Tennessee. Adding overseas production hedges against a strong euro and dilutes the power of Wolfsburg’s powerful labor unions. Meanwhile, VW’s strong lineup of super-luxury brands -- Bentley, Lamborghini, and Buigatti -- are getting a big boost with the inclusion of full-year results for the first time from newly-acquired Porsche.

-- Alex Taylor

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Is Volkswagen a great company, or what?
  $ millions % change from 2008
Revenues 146,204.7 -12.2
Profits 1,334.4 -80.8
Assets 254,232.7 --
Stockholders' equity 50,624.7 --
Profits as % of  
Revenues 0.9
Assets 0.5
From the July 26, 2010 issue
Figures prepared in accordance with International Accounting Standards.
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Rank # of Global 500 Companies
U.S. 139
Japan 71
China 46
Company 2009 Number of Employees
Wal-Mart Stores 2,100,000
China National Petroleum 1,649,992
State Grid 1,533,800
Company 2009 Profits
($ millions)
Gazprom $24,556
Exxon Mobil $19,280
Industrial & Commercial Bank of China $18,832
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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