Icahn Automotive to Offer Scholarships for Future Automotive Technicians
February 28 2019 - 10:00AM
Business Wire
New program is part of a broader effort to help
fill an industry-wide talent gap
Icahn Automotive Group LLC, an Icahn Enterprises L.P. company,
which owns and operates leading auto repair and maintenance
providers Pep Boys, AAMCO and Precision Tune Auto Care, will award
scholarships for the 2019-2020 school year to qualified students
studying to become professional automotive technicians. The
scholarship program is part of Icahn Automotive’s recently
announced Race to 2026 initiative that aims to increase the number
of trained technicians and help fill an industry-wide talent gap
projected to grow to 46,000 over the next seven years.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20190228005544/en/
Students gather in a recently unveiled
Icahn Automotive classroom at Universal Technical Institute’s (UTI)
NASCAR Technical Institute in Mooresville, North Carolina.(Photo:
Business Wire)
“The Icahn Automotive scholarship program represents an
additional level of investment in the future of our industry and
the people that power it,” said Icahn Automotive CEO Dan Ninivaggi.
“Supporting students who have an interest in the skilled trades is
essential to ensuring we have enough qualified professionals ready
to service customer vehicles for decades to come.”
Icahn Automotive awarded the first scholarship at its Race to
2026 launch event earlier this month at NASCAR Technical Institute.
Jonathan Fanstill, a military veteran enrolled in Universal
Technical Institute’s automotive technology program, is maintaining
a 4.0 grade point average and anticipated to graduate in December
2019. Fanstill was recognized for his passion for the future of the
industry, his interest in learning as much as he can about evolving
automotive technology and his commitment to caring for
customers.
Twelve additional $2,500 scholarships will be awarded to
students enrolled full- or part-time in high school, college, or
trade school pursuing an automotive technician degree or
certification. Applications will be accepted from March 1, 2019
through April 30, 2019, and recipients will be announced in June
2019. In addition to the application, students are also required to
submit written essays or videos describing “Why I want to be a top
technician” and two letters of recommendation. All applications and
related materials will be reviewed by the Icahn Automotive
scholarship panel, which includes technicians and other
employees.
Now one of the largest service chain operators in North America,
Icahn Automotive offers a broad range of industry-leading
opportunities and career paths, as well as benefits such as tuition
assistance, an apprenticeship program and company-sponsored
certifications. To review scholarship requirements and begin the
application process, please visit
https://www.icahnautomotive.com/scholarship.html.
About Icahn Automotive
Icahn Automotive Group LLC (Icahn Automotive) was formed by its
parent, Icahn Enterprises L.P. (NASDAQ: IEP), to invest in and
operate businesses involved in aftermarket parts distribution and
service. Our businesses have a singular focus: provide premium
automotive parts and services at a great value. Icahn Automotive
today consists of Pep Boys® automotive aftermarket retail and
service chain, Auto Plus® automotive aftermarket parts distributor,
Precision Tune Auto Care® owned and franchised automotive service
centers, and AAMCO Total Auto Care franchised service centers. The
Company also is the licensor of Cottman Transmission and operates
under several local brands. The businesses of Icahn Automotive
total over 22,000 employees, over 2,000 company-owned and franchise
locations, and 25 distribution centers throughout the US, Canada,
and Puerto Rico. For more information, visit
IcahnAutomotive.com.
Caution Concerning Forward-Looking Statements
This release contains certain “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act
of 1995, many of which are beyond our ability to control or
predict. Forward-looking statements may be identified by words such
as “expects”, “anticipates”, “intends”, “plans”, “believes”,
“seeks”, “estimates”, “will” or words of similar meaning.
Forward-looking statements are not based on historical facts, but
rather on current expectations and projections about future events,
and are therefore subject to risks and uncertainties which could
cause actual results to differ materially from the future results
expressed or implied by the forward-looking statements. Such
statements are qualified in their entirety by the inherent risks
and uncertainties surrounding future expectations. We undertake no
obligation to publicly update or review any forward-looking
information, whether as a result of new information, future
developments or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20190228005544/en/
Media Contact:Arianna Stefanoni
Sherlock215-430-9142Arianna_sherlock@pepboys.com
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