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ON THE SKIDS

Perhaps no industry has witnessed more wreckage from the economic crisis than the automotive sector. From manufacturing to media, millions of jobs are tied to this beleaguered industry. Auto sales realized their worst performance since 1992 because of the sales reversal of light vehicles, from 16.1 million units in 2007 to only 13.2 million in 2008. General Motors alone lost $30.9 billion. According to the Economic Policy Institute, a nonprofit Washington, D.C.-based think tank, approximately 19,000 fewer African Americans were employed in the auto industry in November 2008 than in December 2007, when the recession began.

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This Year

Last Year

Company

Location

Chief Executive

Staff

Auto Manufacturer

Revenues (M)

1

1

Prestige Automotive Group

St. Claire Shores, MI 48080

Gregory Jackson

280

Ford, GM, Mercedes-Benz

$646.2

2

2

March Hodge Automotive

Wesley Chapel, FL

Tony March and Ernest Hodge

848

Mazda, Toyota, Honda, Volvo, GM

$481.0

3

-

RLJ McLarty Landers Automotive Group

Bethseda, MD

Robert L. Johnson

750

Ford, Toyota, Chrysler, Harley-Davidson

$410.0

4

3

Boyland Auto Group

Orlando, FL

Dorian S. Boyland

425

Ford, Nissan, Honda, Mercedes-Benz

$353.5

5

4

Martin Management Group

Bowling Green, KY

Gail Martin and Lee Michaelson

600

GM, Ford, Chrysler, Kia, Saab

$333.0

6

5

Harrell Cos.

Atlanta, GA

H. Steve Harrell

514

Lexus, Volvo, Ford, Nissan, Hyundai

$319.7

7

8

Wade Ford Inc.

Smyrna, GA

Steven R. Ewing

105

Ford

$213.7

8

6

Winston Pittman Enterprise

Louisville, KY

Winston R. Pittman Sr.

296

Ford, Chrysler, Jeep, Toyota, Lexus

$203.6

9

14

Legacy Automotive

McDonough, GA

Emanuel D. Jones

200

Ford, Toyota, GM, Hyundai, Saab

$158.0

10

12

JMC Auto Group

Austin, TX

J. Michael Chargois

197

Ford, Toyota, Mitsubishi

$136.6

11

18

BMW of Sterling

Sterling, VA

Thomas A. Moorehead

118

BMW, MINI

$135.4

12

11

Advantage Auto Group

Hodgkins, IL

Desmond A. Roberts

196

GM, Jeep, Chrysler

$120.2

13

20

Bill Perkins Automotive Group

Ann Arbor, MI

Bill Perkins

157

GM

$111.2

14

15

Fitzpatrick Dealership Group

Modesto, CA

Ed Fitzpatrick

120

Lexus, BMW

$105.0

15

23

Corley Automotive Group Inc.

Grants, NM

Eddie B. Corley Sr.

181

Ford, Volvo, Chrysler, Nissan, Jeep, GM

$90.3

16

-

Mercedes-Benz of Buckhead *

Atlanta, GA

Gregory T. Baranco

111

Mercedes-Benz

$82.9

17

-

Royal Oak Ford Sales Inc.

Royal Oak, MI

Eddie L. Hall Jr.

84

Ford

$81.7

18

25

Lexus of Memphis

Memphis, TN

James G. Kaiser

91

Lexus

$76.3

19

31

Heritage Ford-Mercury Inc.

Corydon, Indiana

James A. Hodge

36

Ford

$75.4

20

19

Homestead Holdings **

Homestead, FL

William J. Armstrong

201

Ford, Toyota

$75.0

21

32

Avis Ford Inc.

Southfield, MI

Walter E. Douglas Sr.

104

Ford

$74.7

22

26

The Matthews Automotive Group

Daytona Beach, FL

Irving J. Matthews

132

Ford

$72.0

23

29

Kristal Auto Mall Corp.

Brooklyn, NY

Lilaahar Bical

70

GM

$62.0

24

28

Walker Family Auto Group

Laurel, MS

Jimmy L. Walker

86

Ford, Kia

$59.5

25

50

Malcolm Cunningham Automotive Group Inc. ***

Decatur, GA

Malcolm A. Cunningham

140

Ford, Mazda

$58.0

26

40

Stephens Automotive Group

Plano, TX

David L. Stephens

88

Jaguar, Audi

$57.7

27

-

Jackson Acura

Roswell, GA

Harvey L. Jackson

70

Acura

$56

28

37

Paramount Nissan

Lake Charles, LA

John F. Stelly

49

Nissan

$54.5

29

30

Bob Ross Buick GMC/Ross Motors Mercedes-Benz

Centerville, OH

Norma J. Ross

100

GM, Mercedes-Benz

$54.4

30

34

Saturn of Central Florida Inc.

Orlando, FL

Roland C. Daniels

102

Saturn

$53.2

31

-

Superstition Springs Lexus ††

Mesa, AZ

Anthony L. Merritt

66

Lexus

$52

32

35

Rodgers Chevrolet

Woodhaven, MI

Pamela Rodgers

55

Chevrolet

$50.5

33

10

D.G.G. Inc. †††

Crestview, FL

Leon Daggs Jr.

120

Ford

$50

34

38

Davis Automotive Group Inc.

Austin, TX

Richard O. Davis

92

Acura, Honda, Hyundai

$49.9

35

43

Barnett Auto Group

Houston, TX

Carl L. Barnett Sr.

80

Ford, Lincoln, Mercury, Hyundai, Volkswagen, Mazda

$47.7

36

51

Dodge Chrysler Jeep of Tulsa

Tulsa, OK

Yvonne Hovell

52

Chrysler, Jeep

$47.3

37

24

Massey Automotive Group

Orlando, FL

Hamilton W. Massey

107

Ford

$46.3

38

53

Phil Waterford's Manteca Ford-Mercury

Manteca, CA

Philip L. Waterford Sr.

47

Ford, Jaguar, Land Rover, Bentley

$46.3

39

52

Infiniti of Chantilly

Chantilly, VA

Reginald L. Brown Jr.

42

Infiniti

$44.0

40

67

Mike Pruitt Honda

Akron, OH

Mike Pruitt

65

Honda

$43.6

41

-

Gulfgate Dodge

Houston, TX

James H. Davis

63

Chrysler

$42.0

42

54

BMW of the Hudson Valley

Poughkeepsie, NY

Jerry Walton

41

BMW

$41.1

43

-

Briarwood Ford

Saline, MI

Eddie L. Hall Jr.

73

Ford

$40.9

44

63

Henderson Automotive Family

Webster, NY

Randolph B. Henderson Jr.

75

Ford, Chrysler, Jeep

$39.8

45

62

Noble Automotive Group

Indianola, IA

Dimaggio Nichols

88

Ford, GM

$39.6

46

45

Champion Chrysler Jeep Dodge Inc.

Indianapolis, IN

Fernando Falcon

65

Chrysler, Jeep

$39

47

69

Hunterdon BMW

Lebanon, NJ

Gailon McGowen

32

BMW

$38.3

48

-

Lexus of Huntsville ‡‡

Huntsville, AL

Ellenae Fairhurst

45

Lexus

$38

49

65

Southaven Pontiac Buick GMC Inc.

Southaven, MS

Henry A. Ware Jr.

54

GM

$37

50

49

JK Chevrolet

Nederland, TX

Robert Turner

66

GM

$35.7

51

61

Paradise Ford

Cocoa, FL

Wayne Martin

70

Ford

$35.1

52

56

Superstition Springs Chrysler Jeep Inc.

Mesa, AZ

Alfonzo Smith

57

Chrysler, Jeep

$33.9

53

47

Stone Mountain Chrysler Jeep Dodge

Stone Mountain, GA

Darryl Ford

60

Chrysler, Jeep

$33.7

54

58

Ford of Montebello

Montebello, CA

James Ross Sr.

75

Ford

$33.3

55

85

Summerville Ford Mercury Inc.

Summerville, SC

Sam Johnson and Louie Abidi

51

Ford

$32.6

56

72

Bessemer Chrysler Jeep Dodge Inc. ‡‡‡

Bessemer, AL

Jordan Frazier

55

Chrysler, Jeep

$31.7

57

-

Ukiah Ford-Lincoln-Mercury Inc.

Ukiah, CA

Huxley Richardson

28

Ford

$30.7

58

60

Chino Hills Ford

Chino, CA

Timothy L. Woods

75

Ford

$30.6

59

66

Universal Ford Sales Inc.

Glen Allen, VA

Harry Harris

51

Ford

$29.5

60

83

Mike Johnson Auto Group

Chesterfield, MI

Michael Johnson

40

Chevrolet

$28.0

61

71

Courtesy Ford Lincoln Mercury

Danville, FL

Ray Fregia Jr.

40

Ford, Lincoln, Mercury

$27.5

62

77

Lexus of Mishawaka

Mishawaka, IN

Perry Watson III

33

Lexus

$26.7

63

75

Vicksburg Chrysler Dodge Jeep Inc.

Vicksburg, MI

Monti M. Long

48

Ford

$26.6

64

80

BMW of Corpus Christi

Corpus Christi, TX

Art Allen

44

BMW

$26.3

65

86

Metro Ford Lincoln Mercury

Tuepelo, MS

Sam Johnson and Beyron Erby

45

Ford, Lincoln, Mercury

$24.4

66

87

Cross Road Chrysler Jeep

Oklahoma City, OK

Jesse Greathouse

45

Chrysler, Jeep

$23.3

67

73

River View Ford

Oswego, IL

Ray Fregia Sr.

46

Ford

$22.9

68

78

Everett Chevrolet

Everett, WA

John B. Reggans III

47

GM

$22.3

69

-

Saginaw Valley Ford Lincoln Mercury Inc.

Saginaw, MI

Gilbert S. Johnson

41

Ford, Lincoln, Mercury

$22.0

70

93

Signature Automotive Group

Benton Harbor, MI

Gene E. Moon

35

Toyota, Hyundai, Mitsubishi, Scion

$21.3

71

89

Franklin Pontiac Buick GMC Inc.

Franklin, TN

Peggy J. Cockerham

32

GM

$20.8

72

92

Queen City Lincoln Mercury

Matthews, NC

Ottis H. Vann

37

Ford

$19.9

73

81

Park Dodge Chrysler Jeep

Lexington Park, MD

Jerome D. Dillard

34

Dodge, Chrysler, Jeep

$19.3

74

-

Freedom Ford Lincoln-Mercury Inc.

Wise, V

Bobby H. Dawson

30

Ford, Lincoln, Mercury

$19.2

75

-

Natchitoches Ford Lincoln Mercury Inc.

Natchitoches, LA

Calvin W. Braxton Sr.

27

Ford, Lincoln, Mercury

$18.8

(M) = Millions; (B) = Billions
As of Dec 31, 2008 source B.E. Research. Reviewed by KBL L.L.P., certified public accountants & advisors. *Formerly part of Barano automotive inc. **Formerly Armstrong holdings. ***Formerly Malcom Cunningham Ford INC. †Formerly Bob Ross Buick INC. ††Formerly part of superstition springs auto group. †††Formerly Panhandle automotive Inc. ‡Formerly Noble Ford Mercury. ‡‡Formerly part of Huntsville Autoplex. ‡‡‡Formerly Jordan Frazier Chrysler Jeep Dodge Inc.

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