Forbes Global 2000: automakers round-up
Forbes Magazine has released its annual Forbes Global 2000 which lists “the biggest, most powerful listed companies in the world” based on an equal weighting of sales, profits, assets and market value.
For the automotive industry, which falls under the Consumer Durables category, Ford Motor Company has taken out the top honours with an overall ranking of 58th followed by Honda (86th) and then Hyundai which climbed eight spots to become the 188th leading company in the world.
Toyota ranked in fifth position from the automakers – sitting in 360th spot overall – just behind the BMW Group (197th) which rounds out the world’s top five automakers.
Japan is still at the forefront of the automotive industry with eight companies making the list, including Nissan, Suzuki, Mitsubishi, Mazda and Subaru's parent company, Fuji Heavy Industries.
German automakers make the cut just three times on the list (BMW, Porsche and Daimler) with the notable omission of the Volkswagen Group or any of its subsidiaries, meaning brands such as Audi and Lamborghini fail to make the cut.
Both France and India are represented twice on the list for automakers, with Renault (530) and Peugeot (661) making the cut for France together with Tata Motors (928) and Mahindra (1308) for India.
As far as Australia is concerned, it should come as little surprise that Holden and Ford Australia don't make the list, with the Commonwealth Bank becoming Australia’s best performing company in 59th place on the Forbes Global 2000 list.
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