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Home > Company Index > Specialty Retail > Auto Dealers & Distributors > David McDavid Auto Group

David McDavid Auto Group
 PROFILE
David McDavid Auto Group is one of the largest vehicle vendors in Texas, with about a dozen dealerships in Austin, Houston, and Dallas. The company sells new cars made by Acura, Ford, Honda, General Motors, Kia, Nissan, and Suzuki, and it also sells used cars. David McDavid Auto Group is named for its founder and CEO, who started his first car dealership in 1962 at age 19; he is a former minority owner of the Dallas Mavericks basketball team. McDavid sold 70% of David McDavid Auto Group to automotive consolidator Asbury Automotive Group in 1997. Asbury Automotive is a joint venture of Ripplewood Holdings (part-owned by Mitsubishi Corporation) and LBO firm Freeman, Spogli & Co.

 COMPETITION
Gulf States Toyota, Inc. (dossier)
Sonic Automotive, Inc. (SAH)
VT Inc. (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1997 Sales (mil.): 542.40
1-Yr. Sales Growth: 5.9%
Employees: 1,000
Revenue per employee: $542,400.00

 KEY PEOPLE
• David McDavid
    CEO
• Jay Torda
    CFO

 CONTACT INFO
3600 W. Airport Fwy.
Irving, TX 75062
US
Phone: 972-790-6100
Fax: 972-986-5689
Online: Web Site

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