Tag Archives: auto industry

CAMAC Holdings Inc. was the second black-owned enterprise to gain membership into the BE 100s billion dollar club when it reached the No. 1 slot on our 2003 INDUSTRIAL/SERVICE 100. In fact, the Houston-based oil and gas exploration, consulting and engineering company was only a hair away from achieving the milestone when it made its debut on our industrial/service list in 2002 - - gross sales for 2001 were $979.5 million. Operated by Nigerian-born Kase Lawal, CAMAC (which stands for Cameroon-American) grew through its ability to integrate upstream services, the production of oil and gas, and downstream operations, which included trading and refining of its products. CAMAC, which reported its highest level of revenues-- $2.43 billion-- on the 2009 list, left the BE 100s in  2011 after shifts in operational structure, management and ownership.

BE 100s Billion-Dollar Club: Lessons from Top-Earning Black Business

Check out the eight companies who have surpassed $1 billion in revenues

Over the past four decades, only eight black-owned companies have surpassed $1 billion in revenues.…

By Derek T. Dingle

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Elon Musk Tesla Model S

Tesla Announces ‘Model 3′ Electric Car

Tesla's strategy taking aim directly at BMW's 3 Series car line

Tesla’s strategy taking aim directly at BMW’s 3 Series car line

By Patrick Austin

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Mark Fields, CEO, Ford Motor Co. (Image: Ford)

Ford Names Mark Fields CEO

Executive brings more than 20 years of leadership to post

Automaker Ford announced the appointment of Mark Fields, and 25-year company vet and advocate of…

By Janell Hazelwood

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Lincoln Reveals Their 2015 MKC Vehicle

The 2015 Lincoln MKC presents a sleek, sculpted body that helps it stand out among peers

The all-new 2015 Lincoln MKC small premium utility vehicle is the second of four all-new…

By Kimberly Wilson

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(Image: Thinkstock)

Emerging Opportunities: Auto Industry Seeking Women for Employment

Tech advances changing the game for female job candidates

Rebounding auto industry seeking talents of women in a job market that’s becoming more about…

By Janell Hazelwood

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General Motors Ranks No.1, Appoints First Black Female Officer

SVP Alicia Boler-Davis is in the driver seat of the big automaker’s vehicle quality and customer experience around the globe.

Alicia Boler-Davis is making waves in automotive industry

By Carolyn M. Brown

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Lessons on Customer Engagment from the Detroit Auto Show

U.S. Automakers Trim Traditional Summer Breaks

Major automakers speeding up production to meet growing demand for new cars and trucks

What do you think of this move?

By Aaron Morrison

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2013 Toyota Avalon Principal Design Engineer Rob McConnell

Meet Toyota Avalon Principal Design Engineer Rob McConnell

His team's mission: Take an upscale mid-size sedan known for quality and reliability (yawn). And make it fly beyond recognition. Mission accomplished.

Well, if Elba is James Bond, allow me to introduce you to Q: 2013 Toyota…

By Alfred Edmond, Jr.

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Jocelyn Allen, Communications Director, General Motors (Image: Allen)

Cool Jobs: GM Exec Takes Three-Pronged Approach to Rebuilding Brand

Communications professional mixes grassroots with digital engagement

A key executive at General Motors, Jocelyn K. Allen incorporates community work with solid strategy…

By Gil Robertson

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Auto Insurance Myths and Reality

Auto insurance coverage can be costly. The average annual expenditure for auto insurance came to…

By Jeff Fortson

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Acura Faces Controversy for Casting Call for ‘Not Too Dark’ Black Actors in Ad

Casting call sheet requested Black actors to appear in commercial with Jerry Sienfeld---as long as they were "not too dark"

Acura casting call sheet requested Black actors to appear in commercial with Jerry Sienfeld–as long…

By Elayne Fluker

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When it comes to luxury vehicles, Rolls-Royce ranks among the most notable. From billionaire businessmen (and women) to royalty, the high-end automaker is the mode of transportation for the wealthy. While their fleet of cars comes off the lot with an already hefty price tag, owners have been known to up the ante with customization and bonus amenities that add a considerable amount of zeros to sticker price. Here are 15 of the most expensive Rolls-Royce cars in the world.

15 Most Expensive Rolls-Royce Cars in the World

Rare and customized models from the luxury automaker

From the Phantom to the Ghost, Rolls-Royce has created some luxurious vehicles over the years…

By Anslem Samuel

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Dorian Boyland (Photo by Ryan Ketterman)

The Game Plan

Dorian S. Boyland revenues at his Orlando-based chain of dealerships expected to exceed $400 million…

By Alan Hughes

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Jalen Rose Dedicates Himself to Educating Detroit’s Children

The former NBA player partners with Jeep to provide a safe haven for Detroit's next generation

Through a partnership with Jeep, former NBA player Jalen Rose gives back to the children…

By Darralynn Hutson

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The holiday season is in full swing and no matter if you have a short or long list gift ideas are always a plus—especially when it comes to that special someone who’s into cars. Whether you can tell a carburetor from a car gasket or not, BlackEnterprise.com has compiled a few automotive gift items for that car enthusiast in your life. From cutting edge gadgets and accessories to apparel choices, we’ve got 15 products that’ll rev up your holiday shopping list. —Branden J. Peters

Holiday Gift Guide: 15 Gifts for the Car Enthusiast in Your Life

Some of the most cutting edge gadgets and apparel choices for your automotive needs

No holiday gift guide would be complete without taking care of the car enthusiasts in…

By Branden J. Peters

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Welburn with a 1953 Corvette

General Motors’ Master Designer Makes a Lane for Next Generation

Ed Welburn discusses changes in the industry and the pipeline for African Americans

General Motors’ Vice President of Global Design, Edward T. Welburn is currently the highest-ranking African…

By Alan Hughes

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Hussein (left) and Hassan Iddrisu, co-owners of Roadstarr Motorsports (Photo: Lonnie C. Major)

Customizing The Car

Auto enthusiasts specialize in creating the ultimate ride

A passion for driving coupled with automotive and lifestyle experiences around the globe inspired fraternal…

By Sonia Alleyne

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Maximum Acceleration

Paramount Nissan shifts into expansion mode

John F. Stelly, CEO of Paramount Nissan was doing something a bit unexpected while the…

By Alan Hughes

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How to Negotiate the Best Deal on a New Car

Arm yourself with the right information and snag a great price

Here’s what you need to know and what you need to do to get the…

By Tamara E. Holmes

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Cruise Control

Automotive professional Benny Black makes sure his clients drive the very best

Like most successful businesses, Benny Black’s Platinum Motorcars was born out of desire. Black, who…

By Sonia Alleyne

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Will Ford Profit in 2010?

Automaker looks to fuel efficiency, black consumers for the new year

While Ford stands alone as the only American automaker that didn’t solicit bailout money from…

By Marcia Wade Talbert

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Defensive Driving

Bill Perkins positions his dealerships to survive the auto industry wreckage

“What am I going to do?” That was the first thought that ran through Bill…

By Alan Hughes

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Dealers Swamped By Worried Toyota Drivers

NEW YORK (AP) — Toyota dealers across the country were swamped with calls Wednesday from…

By Associated Press

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Johnson Controls Reports Profit For 1st Quarter

MILWAUKEE (AP) — Auto parts and building systems maker Johnson Controls Inc. reported a $350…

By Associated Press

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About 600 Car Dealers Try To Get Businesses Back

DETROIT (AP) — Michael Wolf is taking a big gamble that he can convince an…

By Associated Press

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Cash Stuck in Clunkers Traffic Jam

Black auto dealers like the business, not the bureaucracy

Customers have been coming back again into automobile showrooms. Vehicle sales have jumped by double…

By Cliff Hocker

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Detroit to The World: Don’t Count Us Out

Motown welcomes the B.E. Entrepreneurs Conference with grit, enthusiasm and faith in its own future

Battered by a crisis of faith in local government triggered by the scandal surrounding former…

By Alfred Edmond, Jr.

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The Mind Behind GM’s Designs

A quick chat with Ed Welburn, GM's global design chief, at the N.Y. Auto Show

Ed Welburn, VP Global Design, General Motors
Greeted by the pleasant aroma of “new car…

By Renita Burns

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Ask an Expert: Economic Conundrum

As bailout focus shifts, government tackles a tough dilemma

BlackEnterprise.com spoke with Julian Morris, an economist and founder of London’s International Policy Network based…

By Renita Burns

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Black Auto Dealers Take Big Hit

Ford faces sales decline in faltering economy

In 2001, John Hall was treading into unfamiliar territory as a first-generation automobile dealer. But…

By Mashaun D. Simon

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Obama to Make Auto Industry Top Priority

Big Three need bailout of their own

As President-elect Barack Obama vowed to make the ailing auto industry a top priority for…

By Renita Burns

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Obama and Bush Meet To Facilitate Transition of Power

President George W. Bush and President-elect Barack Obama will have their first face-to-face meeting at…

By Marcia Wade Talbert

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