38. Phil Waterford’s Manteca Ford-Mercury

Phil Waterford’s Manteca Ford-Mercury is the nation’s 38th largest African American-owned auto dealership and California’s second largest minority-owned dealership.

Phil Waterford is president and owner of the Manteca, California-based dealership. Up 15 places on the 2009 BE Auto Dealer list, the dealership grossed $46.2 million in 2008 revenues—down 4.1% from last year.

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