Aamco Transmissions

AAMCO Transmissions is a long-running automotive repair brand focused on transmission work and broader total car care for everyday drivers. Its centers handle transmission rebuilding, clutch and driveline repairs, as well as services such as brakes, tune‑ups, and diagnostics. Locations typically operate as destination auto service bays in established commercial corridors, often in older but sturdy retail or light industrial strips with strong daytime traffic and convenient drive‑in access.

The company was founded in 1957, when Robert Morgan and Anthony A. Martino opened the first AAMCO transmission shop in Philadelphia, Pennsylvania. Over the following decades, the brand expanded through franchising and became one of the most recognizable transmission specialists in the United States, building a national footprint and a steady advertising presence. A major turning point came in 2017, when Icahn Enterprises, through its Icahn Automotive Group subsidiary, acquired AAMCO, bringing the chain under common ownership with Pep Boys and other aftermarket service brands and giving it access to shared capital and corporate infrastructure.

Today AAMCO is part of the Icahn Automotive Group portfolio and operates as a primarily franchised system of automotive service centers. As of June 2024, the network includes approximately 560 franchised and company-operated locations across the United States and Canada. The footprint is concentrated in major metropolitan areas, first- and second-ring suburbs, and auto-oriented secondary markets, with sites commonly found on arterial roadways, auto corridors, and infill light industrial streets where repair uses are supported.

Over the last five years, AAMCO has focused on updating its system and expanding in a measured way rather than pursuing rapid new-build growth. The brand has emphasized stronger diagnostic capabilities, more comprehensive general car care, and a steady program of converting independent transmission and repair shops into AAMCO-branded centers. Under Icahn Automotive, AAMCO has been positioned as part of a broader aftermarket roll-up strategy, with expansion guided by a centralized real estate and development team that also supports other portfolio banners. Growth activity has centered on selective franchising, infill in existing markets, and backfilling suitable existing buildings in auto-oriented trade areas.

For landlords, brokers, and developers, AAMCO offers a recognizable, credit-backed auto service concept that can make productive use of single-story service or small industrial buildings with multiple bays and visibility to commuter traffic. The franchise model gives local operators flexibility while the Icahn Automotive platform provides brand stability, corporate oversight, and a coordinated approach to site selection and real estate decisions. This combination has allowed AAMCO to continue refreshing its network and selectively add locations in markets where long-term automotive service demand supports durable tenancy.