Checked the standings lately? Not in the sports section - in the business section.
General Motors still leads automakers in revenue, but DaimlerChrysler and Toyota have passed Ford for the first time, says Fortune magazine. When ranked on 2004 revenues, half of the top eight largest companies in the world are automakers.
Wal-Mart Stores tops the magazine's list. General Motors is No. 5, followed by DaimlerChrysler, Toyota Motor Corp. and Ford Motor Co.
DaimlerChrysler, which includes the company's vast commercial vehicle operation, vaulted to No. 6 on this year's list by boosting revenues 12.8 percent. But more than half that gain came from the strength of the euro against the dollar. Depending on foreign-exchange rates this year, the automaker may not be able to hold its position.
Deeper on the list, Volkswagen AG ranked No. 15, Honda Motor Co. ranked No. 27, and Nissan Motor Co. ranked No. 29.