Step 1 : Introduction to the question "Which company topped the first Fortune 500 list in 1955?"
...General Motors topped the first Fortune 500 list. In 1955, GM set a record when it became the first American company to earn more than $1 billion in a year. That same year, GM put out the 1955 Chevrolet, which was heralded as the “car of the future” with its V8 engine. GM also had six divisions at the time: Cadillac, Buick, Oldsmobile, Pontiac, Chevrolet, and GMC.
Step 2 : Answer to the question "Which company topped the first Fortune 500 list in 1955?"
General Motors:
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