According to Forbes Business Magazine, the Volkswagen Group is now the world's largest auto company, and the world's 24th-largest public company (of all kinds).

The Forbes list of the world's top 100 companies is compiled with a combination of Sales, Profits, Assets and Market Capitalisation (shares x share value).

The Volkswagen Group's annual Sales are US$168.3 billion, with Profits of US$9.1 billion. The Group has assets of $267.5 billion, and Market Value of $70.3 billion.

VW is bigger than Daimler (43rd); Ford (54th); Toyota (55th); General Motors (61st); BMW (72nd) and Honda (80th). VW is also bigger than Nestle; IBM; ING; Pfizer; Hewlett Packard; Microsoft and Apple.

The world's biggest company overall is US bank JP Morgan Chase. However the company with the biggest annual Sales is Walmart (US$421.8 billiion), followed by Royal Dutch Shell ($369.1 billion) and ExxonMobil ($341.6 billion). The company with the biggest Profit is Nestle ($36.7 billion), followed by ExxonMobil ($30.5 billion) and the Russian gas company Gazprom ($25.7 billion).

Interestingly, Australia's biggest company is not BHP Billiton (67th overall), but Westpac - 65th biggest company in the world.

http://www.forbes.com/global2000/list/#p_1_s_arank_All_All_All 

Thankyou for that Phil,this info will settle an argument that I am in!
I win.