Ford has been taking the lion's share of the headlines lately thanks to a fresh product lineup and a string of very impressive profit margins, but General Motors has been winning on the revenue front. CNN Money's annual Fortune 500 list was recently published, and GM climbed all the way from number 15 in 2010 to number seven in 2011. The General managed $135 billion in revenue, putting the automaker behind only Wal-Mart, some oil companies and a couple financial/investment conglomerates.
Fortune 500 Top 10
By nearly all accounts, things are starting to look up at General Motors. The company has shed dead weight, cut down its debt and slimmed its dealer network in order to be a more healthy business, but those moves have officially knocked The General from the top 10 of Fortune Magazine's fabled 500 list. It's the first time in 101 years GM hasn't been one of the top 10 businesses on the list.