Icahn Automotive Scholarship Program Invites Aspiring Technicians to Find Your Drive

May 5, 2020

$30,000 in scholarships will be given to help #TechsGoFurther

PHILADELPHIA & KENNESAW, Ga.–(BUSINESS WIRE)–Icahn Automotive, an Icahn Enterprises L.P. company, which owns and operates leading repair and maintenance providers Pep Boys, AAMCO, Precision Tune Auto Care, and RPM Automotive, will award $30,000 in scholarships for the 2020-2021 school year. Twelve scholarships of $2,500 each will be available to qualified students studying to become professional automotive technicians. Students can begin the application process at https://www.icahnautomotive.com/scholarship.html.

This second annual scholarship program is part of Icahn Automotive’s “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 six years.

“Automotive technicians keep America moving, and our Find Your Drive Scholarship demonstrates the value they provide to a country that currently needs a lot more of them,” said Brian Kaner, CEO – Service. “Our Race to 2026 initiative is designed to attract more technicians to the industry and help them go further in their careers.”

The scholarships will be awarded to students pursuing an automotive technician degree or certification through a full- or part-time high school, college or trade school program. Applications will be accepted from May 4 through June 5, 2020, and recipients will be announced in late June. In addition to the application, students must meet certain academic requirements, provide a written or video essay describing “Why I want to be a top technician,” and submit two letters of recommendation. All applications and related materials will be reviewed by the Icahn Automotive scholarship committee.

Now one of the largest service network operators in North America, Icahn Automotive offers a broad range of industry-leading opportunities and career paths. In addition to scholarships, Icahn Automotive’s “Race to 2026” includes partnerships with leading technical schools, and part-time work and internship opportunities during a student’s education. After graduation, a technician can start with an Icahn Automotive company performing basic maintenance and, by taking advantage of benefits such as tuition assistance, apprenticeships, Company-sponsored certifications, and continuing education, they can move on to more complex repairs, or progress to running a Company-owned store, owning and operating a franchised business, or serving in a corporate leadership role.

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 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.

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