Ten automakers make it on Forbes Top 100 Companies in the World

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Forbes has released its list of top companies in the world; a list that is 2,000 items long. Out of the top 100, 10 were automakers.

In the past, only one major factor determined who made the list. This time around however, Forbes used a variety of factors such as profits, assets, market value and sales, all weighed evenly to then rank the companies according to size.

The largest automaker on the list, which is no real surprise, is Volkswagen AG at number 17, with Toyota Motor Corp. next up in the 25th slot, a big jump from 55 last year.

Germany holds down spot 37 as well with Daimler AG, parent of Mercedes-Benz amongst many, and the U.S. hits the list with Ford Motor Co. at number 44.. Placing 59th is Honda Motor Co. while BMW AG ranks in at 61st. Next, Nissan Motor Co. placed 85th in ranking followed by Mitsubishi Motors, as part of Mitsubishi Corp, coming in at 95th.

Additional automakers past the 100 mark on the list include Renault SA at 187, SAIC Motor at 232, and Kia Motors, making the list at number 253.

Number 314 is Chrysler Group LLC parent company Fiat SpA, and Jaguar-Land Rover’s parent company, Tata Motors Ltd. placed at 348th.

The U.S. has the most companies out of the 66 countries on the list at 524, and Japan has the second most with 258 members. Overall, 83 million people are employed by these companies, globally, with $36 trillion in total revenues, $2,64 trillion in profits, and $149 trillion in assets, up 12 percent, 11 percent and 8 percent respectively.

By: Alexandra Koken

Source: TheDetroitNews