Cummins (IW 500/70) lost 3.96% of its revenue, bringing in $17 billion in 2012. While North American sales were strong, the diesel and natural gas engines manufacturer's international sales were weak, namely in Brazil, China and Europe.
Photo courtesy of Cummins.
UTC (IW 500/23), which owns Sikorsky and Pratt & Whitney, generated $58 billion in revenue in 2012, slipping 0.83% from the previous year. The company called 2012 a "tranformational" year thanks to its acquisitions of Goodrich Corp., an aircraft components maker, and IAE, an aircraft engine producer.
Photo courtesy of UTC.
Even as its revenue slipped 1.42%, Ford (IW 500/8) was able to climb two spots on the IW U.S. 500. Ford's results were driven by its sales in North America, which set records in 2012 for pre-tax profit.
Photo courtesy of Ford.
No. 1: General Motors Co.
Despite falling one spot on the IW U.S. 500, General Motors (IW 500/5) was still able to increase its revenues 1.32% in 2012, helping it secure its spot as the largest automaker on the list. The company in 2012 improved its margins in North America, led by the success of its Chevrolet brand.
Photo courtesy of General Motors.