AUBURN HILLS, Mich., June 24 /PRNewswire/ -- Black Enterprise (BE) named 19 African-American owned Chrysler, Jeep and Dodge dealers to its 2008 annual "Top 100" automotive dealers list. Dealers made the list based on the following criteria: Revenue dollars; African-American ownership of at least 51 percent; and fully operational for the 2007 calendar year.
BE's list included three Chrysler, Jeep and Dodge dealerships in the top 10. The top dealer, Gresham Dodge was No. 3 on the list. The dealer, located in Gresham, Ore., boasted $435 million in revenues last year. Martin Management Group, in Bowling Green, Ky., was No. 4 and grossed $435 million in revenues and Winston Pittman Enterprise, in Louisville, Ky., made the list at No. 6 with $261 million in revenues.
In total, the 19 dealers grossed more than $2 billion* last year.
"Chrysler's African-American dealers are an economic force in this country," said Cecil Ward, Senior Manager - Network Diversity and Dealer Development. "This ranking is significant to Chrysler because it demonstrates the strength of our minority dealer network and, in this competitive environment, also is a testament to the hard work that many people have put into these dealerships."
The BE 100 lists are widely recognized as the most respected measure of black-owned business performance. Overall, the lists total more than 250 businesses in the various areas, including industrial/service companies, auto dealerships, financial services firms, and advertising agencies.
This is the 36th year of the BE 100. The full list is in the June issue of Black Enterprise.
The dealers that made the "Top 100" list are below:
Number Name Principal Location Revenues
3 Gresham Dodge* Dorian Gresham, Or. $439.6
Boyland million
4 Martin Chrysler Gail Martin Bowling $435.3
Jeep Dodge* Green, Ky. million
6 Cardinal Chrysler Winston Louisville, $261.7
Jeep Dodge* Pittman Ky. million
11 Advantage Chrysler Desmond Des Plaines, $151.2
Jeep Dodge* Roberts Il. million
17 Metrolina Chrysler Reginald Charlotte, $129.2
Jeep Dodge* Hubbard N.C. million
23 Ed Corley Chrysler Eddie Corley Gallup and $107
and Dodge* Grants, N.M. million
36 Huntsville Dodge * Ellenae Huntsville, $64.5
Fairhurst Ala. million
45 Champion Chrysler Fernando Indianapolis $52 million
Jeep Dodge Falcon
47 Stone Mountain Darryl Ford Stone $51.5
Chrysler Jeep Dodge Mountain, million
Ga.
48 Stateline Chrysler DamianMills Fort Mill, $50.4
JeepDodge S.C. million
51 Dodge Chrysler Jeep Yvonne Tulsa, Ok. $48.7
of Tulsa Howell million
56 Superstition Alfonzo Mesa, Ariz. $47.6
Springs Chrysler Smith million
Jeep
63 Webster Chrysler Randolph Webster, $41.7
Jeep* Henderson N.Y. million
72 Jordan Frazier Jordan Bessemer, $37.4
Chrysler Jeep Dodge Frazier Ala. million
74 Deerbrook Forest E. Dale Kingwood, $46.3
Chrysler Jeep Early Texas million
75 Vicksburg Chrysler Monti Long Vicksburg, $35.8
Jeep Dodge Mich. million
81 Park Dodge Chrysler Jerome Lexington $33.4
Jeep Dillard Park, Md. million
87 Cross Road Chrysler Jesse Oklahoma $30.1
Jeep Greathouse City, Okla. million
88 Southland Chrysler John Roy Southaven, $26.9
Jeep Miss. million
* Dealer's revenues also included sales from other automotive dealerships
In 2007, Chrysler's minority dealers made up 5 percent of the total dealer body and contributed 7 percent of the company's retail sales in 2007.
Black Enterprise
Black Enterprise, your ultimate guide to financial empowerment, is the premier business and investment resource for African Americans. Since 1970, Black Enterprise has provided essential business information and advice to professionals, corporate executives, entrepreneurs, and decision makers. The BE 100s lists are widely recognized as the most respected measure of black-owned business performance.