Private Black-owned company · Black-owned
Piston Group
Founded by Vinnie Johnson; one of the largest Black-owned manufacturers in the US
Stock value
- Share price
- Private — not listedNo stock value exists for a company without listed shares.
- Revenue
- $3.1BReported, not filed · Annual revenue on the Forbes company profile · Forbes 2024 · source
Company profile
- Black ownership
- 100%Wholly owned by founder Vinnie Johnson · Piston Group / Crain's Detroit reporting
- Active ventures
- Vehicle module assembly, Detroit Thermal Systems, Irvin AutomotivePiston Group company site
Culture profile · Automotive Culture
Car culture has long been a Black aesthetic and status language, yet dealership ownership and aftermarket supply — where the margin sits — remain thinly held.
- Market scale
- $52.6BSEMA 2024 · US automotive specialty equipment sales · United States · source
- Share of the dealer network
- 1,476 of ~18,000Minority-owned franchised rooftops against total US franchised dealerships. · NAMAD / CBT News 2022
- Black-owned dealership count
- Data developingA widely circulated count of ~266 Black-owned dealerships is not verifiable to a primary source. · No verified publisher —
- OEM minority dealer councils
- GM MDAC, Ford MDAManufacturer advisory councils recruiting and financing minority dealer candidates. · GM / Ford MDA 2024–2025
- EV certification requirements
- Model e mandate scrappedFord dropped its EV-only dealer certification programme, easing capital demands on dealers. · InsideEVs 2024
- NASCAR revenue-sharing suit
- 23XI v NASCARLitigation that could reset what a team charter is worth. · ESPN 2024–2025