26. Stephens Automotive Group

Stephens Automotive Group is the 26th largest African American-owned dealership group in the country; and the second largest automotive group in Texas.

The Plano, Texas-based company is home to Millennium Jaguar and Millennium Audi of Houston. David Stephens, who founded the enterprise in 1999, is the first African American Jaguar dealer.

The dealership group earned $57.7 million in revenues in 2008—down less than 1% from last year.