The nation's largest Hispanic-owned dealership group also is the largest Hispanic-owned company in the United States, according to Hispanic Business magazine.
Burt Automotive Network, of Centennial, Colo., had revenues of $1.48 billion in 2002, making it No. 1 on the Hispanic Business 500 listing for the second straight year.
Hispanic Business ranks the businesses according to the previous year's revenues. Listed among the 500 companies are 31 auto dealership groups.
Burt Automotive is No. 37 on the Automotive News list of Top 100 dealership groups, which ranks dealership groups on new retail sales. Burt sold 14,510 new units in 2002.
Burt has 14 franchises and handles Chevrolet, Buick, Ford, Honda, GMC, Lincoln, Mazda, Mercury, Pontiac, Subaru and Toyota.
Gilbert Chavez, the group's Internet manager and nephew of chairman Lloyd Chavez Sr., says Burt's 2002 revenues of $1.48 billion were down slightly from $1.49 billion in 2001 because the group closed its Chrysler-Dodge-Jeep and Nissan stores.
The company is building a Ford store in nearby Parker, Colo.
