Fortune Magazine included four Chinese automakers into its 2010 list of the world’s largest companies, measured by revenues. Dongfeng Motor, the best-ranked among the four, comes the 182nd with revenues of 39,402 million US dollars.
A total of 54 Chinese firms made the list, 43 of them from mainland China. Three energy giants rank among the global top 10: Sinopec (7th), State Grid (8th), and China National Petroleum (10th). The majority of the 43 mainland companies, including all of the four automakers, are state-owned.
Shanghai Automotive Industry Corporation (SAIC), First Auto Works (FAW), and China South Industries Group (the parent company of Chang’an Auto) rank No. 223, No. 258, No. 275, respectively. SAIC posts revenues of 33,629 million US dollars, FAW 30,237 million.
Globally, Volkswagen is listed the largest automaker (16th), followed by Ford (23rd), Daimler (30th), and GM (38th).