Global 500 rank: 5 (Previous rank: 5)
2006 loss: $2 billion
Get quote: GM
By shedding jobs and closing plants, GM cut its losses from 2005, when it was $10.4 billion in the red. But GM's U.S. vehicle market share fell for the second year in a row as consumers continued to turn to smaller, more fuel-efficient cars from Asian competitors. Now Toyota is expected to finish the year as the world's largest automaker, ending GM's decades-long reign.
See more Global 500 data for General Motors
General Motors
|  Old-economy outfits top Fortune's annual Global 500 list, thanks to rising oil prices and a slew of mergers that drove record profits. (more)  Wal-Mart retakes the lead as the world's biggest company. See which other outfits top our list. (more)  Exxon Mobil leads our list of top earners this year. Which other companies are among the most profitable on the planet? (more) |
