May 15, 2009
34. Davis Automotive Group Inc.
Davis Automotive Group Inc. is the 34th largest African American-owned auto group in the U.S. and the third largest minority-owned auto group in Texas. BLACK ENTERPRISE named the Austin-based company Auto Dealer of the year in 1998.
Richard O. Davis is president of the 100% black-owned dealership group.
Up four places on the 2009 BE Auto Dealers list, the dealership grossed $49.9 million in revenues in 2008–down 18% from the previous year.