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Feb 6, 2024

[Answer] Which company displaced GM from the top spot on the Fortune 500 in 1975?

Step 1 : Introduction to the question "Which company displaced GM from the top spot on the Fortune 500 in 1975?"



...From 1955 to 1975, General Motors topped the Fortune 500 every year. That changed in 1975, when ExxonMobil took the top spot with $42 billion in revenue and more than $3 billion in profits. In 1974, ExxonMobil introduced a synthetic automotive engine lubricant, Mobil 1, that remains the world’s leading synthetic motor oil.




Step 2 : Answer to the question "Which company displaced GM from the top spot on the Fortune 500 in 1975?"



ExxonMobil:


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