Rank: 5 (Previous rank: 10)
CEO: Akio Toyoda
Address: 1 Toyota-cho
2009 was annus horribilis for Toyota. The world’s largest automaker faced declining global vehicle demand, a stronger Japanese yen, and worst of all, a string of embarrassing recalls that reached ten million worldwide.
It was a rude introduction for new president Akio Toyoda, but 2010 looks better. The automaker reported a surprise profit in its fiscal fourth quarter and is forecasting an earnings increase for this year as it boosts Asia sales and cuts costs further. A much-needed image boost will come from the introduction of the $350,000 Lexus LFA, a carbon-fiber sports car of which only 500 will be built.
-- Alex Taylor
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Is Toyota Motor a great company, or what?
|Company||2009 Number of Employees|
|China National Petroleum||1,649,992|