Nine Chrysler LLC Minority Dealers Named to Hispanic Business Magazine's 'Top 500' List of Largest U.S. Hispanic-Owned Companies

- Chrysler Jeep and Dodge dealerships among the nation's top-grossing Hispanic-owned businesses

- Chrysler's Hispanic dealers gross more than $4 billion in sales

AUBURN HILLS, Mich., July 28 -- Hispanic Business Magazine named nine Hispanic-owned Chrysler LLC dealers to its 2008 annual "Top 500" U.S. Hispanic-owned companies list. Dealers made the list based on the following criteria: Revenue dollars; Hispanic ownership of at least 51 percent; and fully operational for the 2007 calendar year.

Hispanic Business Magazine's list included three Chrysler dealers in the top 10. The top dealer, ranked No. 3, was Lloyd Chavez Jr. of the Burt Automotive Network in Centennial, Colo., which includes Burt Chrysler Jeep Dodge of Parker, Colo., and other franchises. The dealership group boasted $2.12 billion in revenue last year. The second dealer was Ernesto Ancira Jr. of Ancira Enterprises Inc., which was ranked No. 7 and grossed $691.26 million. Ancira Enterprises includes Ancira 281 North Chrysler Jeep; Ancira Dodge; and Ancira Motor Co., among its many franchises. Also on the list was Frank Rodriguez of Greenway Ford Inc., at No. 9, which grossed $520.13 million. Rodriguez's franchises include Greenway Chrysler Jeep Dodge in Orlando, Fla.; and Atlanta Chrysler Jeep Dodge in Atlanta.

In total, the nine dealers grossed more than $4 billion* last year.

"Chrysler's Hispanic 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 also is a testament to the hard work that many people have put into these dealerships."

The Hispanic Business Magazine "Top 500" list is widely recognized as the most respected measure of Hispanic-owned business performance. The entire list totaled $36.1 billion in revenues last year.

This is the 26th year of the Hispanic Business Magazine "Top 500." The dealers that made the "Top 500" list are:

  * Dealer's revenues also included sales from other automotive dealerships.

  3   The Burt Automotive  Parker, Colo.  Lloyd Chavez Jr.   $2.12 billion
       Network

  7   Ancira Enterprises   San Antonio,   Ernesto Ancira Jr. $691.26 million
                            Texas

  9   Greenway/Atlanta     Orlando, Fla.  Frank Rodriguez    $520.13 million
       Chrysler Jeep Dodge

  24  Gonzales Automotive  South Gate,    Silvestre Gonzales $274.60 million
       Group                Calif.

  41  Elder Automotive     Troy, Mich.    Irma Elder         $159.56 million
       Group

  76  A&D Automotive       Dothan, Ala.   Dino Velaquez      $93 million

  101 Varela Auto          Palestine,     Fernando Varela    $61.54 million
       Group                Texas

  103 Tamiami Automotive   Miami, Fla.    Carlos Planas      $60.99 million
       Group

  105 Love Chrysler, Inc.  Corpus         Marion Luna Brem   $57.50 million
                            Christi,
                            Texas