Our annual ranking of the world's largest corporations

12 of 500
12. Volkswagen
Financials: Latest Results
Rank: 12 (Previous rank: 13)
CEO: Martin Winterkorn
Employees: 501,956
Address: Brieffach 1848-2
Wolfsburg, 38436
Country: Germany
Website: www.volkswagenag.com

For Volkswagen, itís not just about innovation, itís also about domination. As one of its goals, the German company has pledged to become the leading automaker in the world by 2018 while still adhering to strict environmental standards. To that end, it opened a new plant in Chattanooga, refreshed vehicles such as the Beetle and Golf Cabriolet, and introduced new lines like the compact, urban-friendly New Small Family of cars. -- J.P.M.

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  $ millions % change from 2010
Revenues 221,550.5 31.8
Profits 21,425.5 136.7
Assets 329,282.6 --
Stockholders' equity 74,702.9 --
Profits as % of  
Revenues 9.7
Assets 6.5067
From the July 23, 2012 issue
Figures prepared in accordance with International Accounting Standards.
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Rank # of Global 500 Companies
U.S. 132
China 73
Japan 68
Company 2011 Number of Employees
Wal-Mart Stores 2,200,000
China National Petroleum 1,668,072
State Grid 1,583,000
Company 2011 Profits
($ millions)
Gazprom $44,459.6
Exxon Mobil $41,060
Industrial & Commercial Bank of China $32,214.1
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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