34. Davis Automotive Group Inc.

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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.