Filed under: Ford, GM, Earnings/Financials
If you're a blue-blooded American capitalist, there's nothing better than leading your company to the top of the Fortune 500 - except for making billions of dollars in profits, that is. But thankfully those two objectives tend to go hand-in-hand, as proven by these two men.
Indeed, General Motors CEO Dan Akerson and Ford CEO Alan Mulally have plenty to smile about when looking at the 2012 Fortune 500 list, as their respective companies are pegged at fifth and ninth. While Ford's profit last year dwarfed GM's, according to the Fortune list, GM's revenue was greater than all but four other corporations: Exxon Mobil, Wal-Mart, Chevron, and ConocoPhillips.
The only other automotive firm to hit the top 100 was supplier Johnson Controls at 67, though plenty of other suppliers made the list, including Goodyear at 126 and Ford spin-off Visteon at 321.
GM, Ford place in top 10 on 2012 Fortune 500 list originally appeared on Autoblog on Tue, 08 May 2012 15:59:00 EST. Please see our terms for use of feeds.Permalink | Email this | Comments
Tags: ford, fortune 500, gm, goodyear, johnson controls, visteon
Official: GM, Ford place in top 10 on 2012 Fortune 500 list was originally published by Autoblog. Read the full story by clicking here.