Items Tagged with 'Icahn Automotive Group'

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Icahn Automotive to Offer Scholarships

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. 
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Carl Icahn’s Effect on Auto Care Consolidation

Contrary to horizontal integration, where firms control one component of a market or process, vertical integration engages multiple segments of production. So while horizontal consolidation continues to grip the industry, Icahn’s form of consolidation allows him to accomplish what many independent facilities struggle with.
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Icahn Automotive Completes Acquisition of Precision Tune Auto Care

With that deal, Icahn Automotive Group said Friday it will now control more than 1,000 auto repair shops, with the idea that it will buy products directly from its own distributor, Auto Plus, instead of the national car parts chains. Auto Plus, in turn, will buy its parts from Icahn-owned Federal-Mogul and other manufacturers.
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