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Japan 64
France 39
U.S. Postal Service 785,929
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18. Volkswagen
Volkswagen
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.
Revenues 149,054.1 12.6
Profits 5,639.3 63.5
Assets 212,520.8
Stockholders' equity 46,603.2
Revenues 4
Assets 3
1 Toyota Motor 5 230,200.8
2 General Motors 9 182,347.0
3 Daimler 11 177,167.1
4 Ford Motor 13 172,468.0
5 Volkswagen 18 149,054.1
6 Honda Motor 40 105,102.4
7 Nissan Motor 50 94,782.1
8 Peugeot 66 82,964.8
9 Fiat 71 80,112.3
10 BMW 78 76,675.3
11 Hyundai Motor 82 74,899.8
12 Robert Bosch 101 63,401.1
13 Renault 119 55,684.0
14 Volvo 167 42,229.5
15 Koç Holding 186 39,391.7
16 Denso 212 35,245.4
17 Johnson Controls 219 34,678.0
18 Suzuki Motor 251 30,668.8
19 Mazda Motor 255 30,435.6
20 Bridgestone 276 28,793.0
21 China FAW Group 303 26,391.1
22 Delphi 305 26,160.0
23 Magna International 307 26,067.0
24 Aisin Seiki 345 23,646.0
25 Mitsubishi Motors 350 23,485.7
26 Michelin 362 23,086.9
27 Continental 369 22,748.0
28 MAN Group 370 22,688.6
29 Shanghai Automotive 373 22,606.8
30 Goodyear Tire & Rubber 410 20,538.0
31 Toyota Industries 479 17,517.6
32 ZF Friedrichshafen 485 17,313.5
33 Isuzu Motors 497 16,854.7
From the July 21, 2008 issue
Figures prepared in accordance with International Accounting Standards.
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