MOORESVILLE, N.C. — Icahn Automotive Group L.L.C. is backing a new program designed to encourage more men and women to pursue viable careers in the aftermarket automotive sector through partnerships with technical schools, apprenticeships, internships and continuing education opportunities.
Dubbed "Race to 2026," the program addresses Icahn Automotive's concerns that the automotive aftermarket is facing a serious technician shortage in the coming years.
During a presentation Feb. 19 at Universal Technical Institute's (UTI) NASCAR Technical Institute in Mooresville, Icahn Automotive said it will offer scholarships, tuition reimbursement and apprentice programs and create internship programs and job placement opportunities to support the program.
Citing U.S. Bureau of Labor Statistics, Icahn — which is active in the auto aftermarket through its Pep Boys auto service chain and AAMCO and Precision Tune Auto Care franchise businesses — said the automotive repair industry will need nearly 46,000 more technicians by 2026 to meet anticipated demand.
"Icahn Automotive is stepping forward to invest in the future of our businesses and our industry by helping promising technicians develop the skills necessary to be successful," Icahn Automotive Group CEO Dan Ninivaggi said.