Subaru

Kacy Burdette

The corporations on our annual list posted aggregate revenues of $41 trillion for the second year in a row.

Fortune Global 500

Total revenue for the world’s biggest companies fell 4.8% to $31.7 trillion this year—the first decline in half a decade.

Subaru is known throughout the auto industry for its focus on all-wheel-drive vehicles equipped with flat “boxer” engines. This specialization has yielded nine straight years of market share growth in the U.S., but it means Subaru vehicles burn less cleanly than those of rivals. To compensate, it has paired up with its 20% shareholder Toyota to develop a dedicated architecture for battery electric vehicles. The first model based on the platform will be the Subaru Solterra SUV, launching next year. By 2030, Subaru aims to have at least 40% of its global sales coming from either BEVs or hybrids.

This year's Fortune Global 500 generated $33.3 trillion in revenues and $2.1 trillion in profits.

G500-2020-405-Subaru

This year's Fortune Global 500 generated $27.7 trillion in revenues and $1.5 trillion in profits.

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