There can be no assurance that the current value of Icahn Enterprises’ assets could be monetized if the positions liquidated at any particular point in time. [9], In January 2017, the company acquired Federal-Mogul. The Company owns a 99% limited partner interest in Icahn Enterprises Holdings L.P. (Icahn Enterprises Holdings). Icahn Automotive Group LLC: Delaware: 767 Auto Leasing LLC: Delaware: Icahn Building LLC : Delaware: Icahn Enterprises Onshore/Offshore Investors LLC: Delaware: ... All other subsidiaries listed above are subsidiaries of Icahn Enterprises Holdings L.P. and therefore are also subsidiaries of Icahn … Reviews. Icahn Automotive Group LLC (1942) PEPBOYS STORE 6465 (213) Pep Boy Auto (16) Auto Plus Auto Parts (12) Pep Boys Automotive/ Automotive Repairs (1) Icahn Automotive / PepBoys (1) PepBoy's Auto Service & Tires (1) Auto Plus (1) Wholesale Direct Auto Parts (1) Experience Level. Icahn Automotive Group LLC, a wholly-owned subsidiary of Icahn Enterprises L.P. (NASDAQ: IEP), announced that it has completed the acquisition ofautomotive service company Precision Auto Care, Inc., parent company of Precision Tune Auto Care. Federal-Mogul plus Icahn Automotive Group and its two subsidiaries (IEH Auto Parts LLC and The Pep Boys - Manny, Moe & Jack) are the Automotive Segment. [15], In November 2020, Icahn Enterprises reported third quarter losses of $714 million, compared to a loss of $49 million the same quarter the previous year. We undertake no obligation to publicly update or review any forward-looking information, whether as a result of new information, future developments or otherwise. The businesses of Icahn Automotive total over 22,000 employees, over 2,000 company-owned and … View All >> Recent Releases. Terms of Use - Icahn Automotive This does not include the indicative net asset value of Icahn Enterprises’ operating subsidiaries (including CVR Energy, Inc., Icahn Automotive Group LLC, Viskase Companies, Inc., PSC Metals LLC, WestPoint Home LLC, and the rental real estate, property development and club operations assets comprising Icahn Enterprises’ Real Estate segment), which totaled approximately $5.5 billion as of December 31, 2019.1. [10] In June 2017, the company acquired Precision Auto Care, a chain of over 250 vehicle repair shops. Icahn Enterprises L.P., a master limited partnership, is a diversified holding company engaged in seven primary business segments: Investment, Energy, Automotive, Food Packaging, Metals, Real Estate and Home Fashion. Icahn Automotive Group LLC, a wholly-owned subsidiary of Icahn Enterprises L.P., has entered into a definitive agreement to acquire automotive service company Precision Auto Care, Inc., parent company of Precision Tune Auto Care. The businesses of Icahn Automotive today consist 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. [11] In August 2017, the company sold the property formerly known as the Fontainebleau Resort Las Vegas for $600 million. Mr. Miller is responsible for analysis and engagement in connection with investments by Icahn Capital in public securities. Our Brands - Icahn Automotive. Snapshot. Icahn Automotive Group. [12] In October 2017, the company acquired American Driveline Systems. Icahn Automotive. Icahn Automotive Group LLC, a wholly-owned subsidiary of Icahn Enterprises L.P. (NASDAQ: IEP), announced that it has completed the acquisition of automotive service company Precision Auto Care, Inc., parent company of Precision Tune Auto Care. In addition, Mr. Cozza serves as a director of certain wholly-owned subsidiaries of Icahn Enterprises L.P., including: Icahn Automotive Group LLC, an automotive parts installer, retailer and distributor; and PSC Metals LLC, a metal recycling company. Business data for Icahn Enterprises L.P.: This page was last edited on 2 March 2021, at 21:56. In addition, Mr. Cozza serves as a director of certain wholly-owned subsidiaries of Icahn Enterprises, including: Icahn Automotive Group LLC and PSC Metals LLC. The Pep Boys-Manny, Moe & Jack (The Pep Boys), a subsidiary of Icahn Automotive Group LLC, is an automotive aftermarket service and automobile spare parts and accessories provider. Mr. Cozza, age 39, has been the President and Chief Executive Officer of Icahn Enterprises L.P., a diversified holding company engaged in a variety of businesses, including investment, automotive, energy, railcar, food packaging, metals, mining, real estate and home fashion, since February 2014. The Energy segment holds ownership in CVR Energy, Inc., which owns majority interests in two separate operating subsidiaries, CVR Refining, LP and CVR Partners, LP. Icahn Enterprises and its subsidiaries maintain ample liquidity to take advantage of attractive opportunities for their respective businesses. Minimum 15 minutes delayed. Icahn Enterprises L.P., a master limited partnership, is a diversified holding company engaged in seven primary business segments: Investment, Energy, Automotive, Food Packaging, Metals, Real Estate and Home Fashion. See insights on Icahn Enterprises including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. The Automotive segment holds ownership in Icahn Automotive Group LLC. The Railcar segment holds ownership in American Railcar Industries Inc., which is a manufacturer of hopper and tank railcars. In addition, Mr. Gary serves as a director of certain wholly-owned subsidiaries of Icahn Enterprises L.P., including: Icahn Automotive Group LLC, an automotive parts installer, retailer and distributor; PSC Metals, LLC, a metal recycling company; and WestPoint Home LLC, a home textiles manufacturer. 2.4. Prior to joining the Company, Nevin was a Managing Director and Financial Analyst at Icahn Enterprises L.P., where he was responsible for analyzing and monitoring portfolio companies. Icahn Automotive Group LLC is located in Southfield, MI, United States and is part of the Wholesale Sector Industry. Forward-looking statements may be identified by words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "will" or words of similar meaning and include, but are not limited to, statements about the expected future business, distributions and financial performance of Icahn Enterprises L.P. and its subsidiaries. The Automotive segment holds ownership in Icahn Automotive Group LLC. The Automotive segment holds ownership in Icahn Automotive Group LLC. 34 reviews. The Company owns subsidiaries, which are engaged in Investment, Automotive, Gaming, Railcar, Food Packaging, Metals, Real Estate and Home Fashion. Pep Boys, a wholly-owned subsidiary of Icahn Automotive Group LLC, today announced that it has entered into a definitive agreement to acquire Advanced The company is controlled by Carl Icahn, who owns 95% of it. Nevin has a wealth of experience in financial analysis and strategy. [1] The company is controlled by Carl Icahn, who owns 95% of it. Caution Concerning Forward-Looking Statements. [6], In February 2016, Icahn Enterprises purchased Trump Entertainment Resorts, which owned the Hard Rock Hotel & Casino Atlantic City. The company was incorporated on February 17, 1987. Data Provided by Refinitiv. There are 1641 companies in the Icahn Automotive Group LLC corporate family. Established in 1998, Icahn Automotive is headquartered in Southfield, Michigan. The Icahn Automotive Group. Copyright Refinitiv. They are a U.S. based distributor of automotive aftermarket parts.... Read More. The Investor Relations website contains information about Icahn Enterprises's business for stockholders, potential investors, and financial analysts. Mr. Ninivaggi previously served as Chief Executive Officer of Icahn Automotive Group LLC, a provider of automotive parts distribution, repair and service, and as managing director of the automotive segment of Icahn Enterprises, positions he has held since March 2017 to August 2019. The Energy segment holds ownership in CVR Energy, Inc., which owns majority interests in two separate operating subsidiaries… The acquisition brings more than 320 corporate-owned and franchised Precision Tune service locations in the U.S. and internationally to Icahn […] Icahn Automotive Group LLC, a wholly-owned subsidiary of Icahn Enterprises L.P. (NASDAQ: IEP), announced that it has entered into a definitive agreement to acquire automotive service company Precision Auto Care, Inc., parent company of Precision Tune Auto Care. Automotive Service & Collision Repair. The Energy segment holds ownership in CVR Energy, Inc., which owns majority interests in two separate operating subsidiaries, CVR Refining, LP and CVR Partners, LP. [7] The company sold the casino to the owners of Hard Rock Cafe for $50 million in May 2017 - which represented a recuperation of just 4 cents on the dollar. The Investment segment is comprises of various private investment funds. This release may contain 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. Leaders", "Trump Taj Mahal casino sold for 4 cents on the dollar", "Icahn Enterprises completes acquisition of Pep Boys", "Icahn Enterprises Completes Acquisition of Federal-Mogul", "Icahn reaches deal to buy Leesburg-based Precision Auto", "Icahn Enterprises L.P. Completes Sale of the Former Fontainebleau Las Vegas Property for $600 million", "Icahn Enterprises L.P. Acquires American Driveline Systems, Franchisor of AAMCO and Cottman Service Centers", https://www.bizjournals.com/southflorida/news/2020/10/05/carl-icahn-succession-icahn-enterprises.html, "Carl Icahn Had An Atrocious Third Quarter", https://en.wikipedia.org/w/index.php?title=Icahn_Enterprises&oldid=1009905686, Conglomerate companies of the United States, Publicly traded companies based in New York City, Conglomerate companies established in 1987, Pages containing links to subscription-only content, Creative Commons Attribution-ShareAlike License, CVR - petroleum refining and nitrogen fertilizer manufacturing, Ferrous Resources (77.2%) - owns mining rights in Brazil. Investor Contact:SungHwan Cho, Chief Financial Officer305-422-4000, Icahn Enterprises L.P. Issues Statement Regarding Quarterly Distribution. [13] The company had 89,034 employees as of 2017. 1 Icahn Automotive Group LLC. The Automotive segment holds ownership in Icahn Automotive Group LLC. [2], In April 2007, the company sold its American Casino & Entertainment Properties to an affiliate of Goldman Sachs, for $1.3 billion. Icahn Enterprises L.P. is an American conglomerate headquartered at the General Motors Building in New York City. The Energy segment holds ownership in CVR Energy, Inc., which owns majority interests in two separate operating subsidiaries, CVR Refining, LP and CVR Partners, LP. Get weekly updates, new jobs, and reviews. The Pep Boys-Manny, Moe & Jack (The Pep Boys), a subsidiary of Icahn Automotive Group LLC, is an automotive aftermarket service and automobile spare parts and accessories provider. [8] Also in February 2016, the company acquired Pep Boys. Icahn Capital is a subsidiary of Icahn Enterprises L.P., a diversified holding company engaged in a variety of businesses, including investment, automotive, energy, food packaging, metals, real estate and home fashion. The Company owns a 99% limited partner interest in Icahn Enterprises Holdings L.P. (Icahn Enterprises Holdings). Icahn Automotive - We Accelerate the Automotive Aftermarket Michael Nevin is CFO of Icahn Automotive Group, overseeing all corporate Finance functions including accounting, tax and treasury. In addition, Mr. Cho serves as a director of certain wholly-owned subsidiaries of Icahn Enterprises, including: Icahn Automotive Group LLC; PSC Metals LLC; and WestPoint Home LLC. Icahn Automotive Group LLC was formed by its parent, Icahn Enterprises L.P., to invest in and operate businesses involved in aftermarket parts distribution and service. Icahn Enterprises L.P. is an American conglomerate headquartered at the General Motors Building in New York City. Icahn Automotive Group LLC, announced that it has entered into a definitive agreement to acquire automotive service company Precision Auto Care, Inc., parent company of … Entry Level (1939) Mid Level (227) Senior Level (6) Forgot to save your resume? Icahn Automotive Group LLC was formed by its parent, Icahn Enterprises L.P., to invest in and operate businesses involved in aftermarket parts distribution and service. Icahn Enterprises L.P. (Icahn Enterprises) is a diversified holding company. Why Join Us. Actual events, results and outcomes may differ materially from our expectations due to a variety of known and unknown risks, uncertainties and other factors, including risks related to economic downturns, substantial competition and rising operating costs; risks related to our investment activities, including the nature of the investments made by the private funds in which we invest, losses in the private funds and loss of key employees; risks related to our ability to continue to conduct our activities in a manner so as to not be deemed an investment company under the Investment Company Act of 1940, as amended; risks related to our energy business, including the volatility and availability of crude oil, other feed stocks and refined products, unfavorable refining margin (crack spread), interrupted access to pipelines, significant fluctuations in nitrogen fertilizer demand in the agricultural industry and seasonality of results; risks related to our automotive activities, including exposure to adverse conditions in the automotive industry; risks related to our food packaging activities, including competition from better capitalized competitors, inability of its suppliers to timely deliver raw materials, and the failure to effectively respond to industry changes in casings technology; risks related to our scrap metals activities, including potential environmental exposure; risks related to our real estate activities, including the extent of any tenant bankruptcies and insolvencies; risks related to our home fashion operations, including changes in the availability and price of raw materials, and changes in transportation costs and delivery times; and other risks and uncertainties detailed from time to time in our filings with the Securities and Exchange Commission. Automotive. The Company owns subsidiaries, which are engaged in Investment, Automotive, Gaming, Railcar, Food Packaging, Metals, Real Estate and Home Fashion. Tecnicentros Mundial Inc. May 11, 2018. Mathis Tire Company Inc. Mar 02, 2018. Our Automotive segment also includes our equity method investment in 767 Auto Leasing LLC, a joint venture created to purchase vehicles for lease. The company had acquired the property in 2010 for $148 million. Mr. Gary has also been a member of the Executive Committee of ACF Industries LLC, a railcar manufacturing … Past performance in our Investment segment is not indicative of future performance. ... Acquisitions & Subsidiaries. Icahn Automotive Group LLC. Minimum 15 minutes delayed. We conduct our Automotive segment through our wholly owned subsidiary, Icahn Automotive Group LLC (“Icahn Automotive”). Philadelphia, PA – June 2, 2017. The Automotive segment holds ownership in Icahn Automotive Group LLC. [1], In 2006, the company sold the Sands Atlantic City hotel in Atlantic City, New Jersey and several of the adjacent lots for $274.8 million to Pinnacle Entertainment. The Automotive segment holds ownership in Icahn Automotive Group LLC. Headquarters: 3111 W Allegheny Ave, Philadelphia, Pennsylvania, 19132, United States. Pep Boys, a wholly-owned subsidiary of Icahn Automotive Group LLC, announced that it has entered into a definitive agreement to acquire Advanced Auto Service & Tire Centers in Phoenix. The Investment segment is comprises of various private investment funds. [3][4] In September 2007, American Real Estate Partners, another entity controlled by Icahn, merged with the firm and changed its name to Icahn Enterprises L.P.[5], In 2008, the company acquired PSC Metals for $335 million. Leesburg, VA – June 2, 2017 – Precision Auto Care, Inc. (OTCQX: PACI) (the “Company”) announced that it has entered into a definitive agreement to be acquired by Icahn Automotive Group LLC, a wholly-owned subsidiary of Icahn Enterprises L.P. (NASDAQ: IEP). Feb 11, 2020. Icahn Enterprises’ liquid assets (comprised of cash and cash equivalents and investments in the investment funds comprising Icahn Enterprises’ Investment segment) totaled over $6 billion as of March 20, 2020. This does not include the indicative net asset value of Icahn Enterprises’ operating subsidiaries (including CVR Energy, Inc., Icahn Automotive Group LLC, Viskase Companies, Inc., PSC Metals LLC, WestPoint Home LLC, and the rental real estate, property development and club operations assets comprising Icahn Enterprises’ Real Estate segment), which totaled approximately $5.5 billion as of December 31, 2019. A valuation is a subjective exercise and indicative net asset value does not necessarily consider all elements or consider in the adequate proportion the elements that could affect the valuation of Icahn Enterprises’ operating subsidiaries. Depositary unitholders will continue to have the right to make an election each quarter to receive either cash or additional depositary units; if a unitholder does not make an election, it will automatically be deemed to have elected to receive the distribution in cash. The Energy segment holds ownership in CVR Energy, Inc., which owns majority interests in two separate operating subsidiaries… Pep Boys, a wholly-owned subsidiary of Icahn Automotive Group LLC, announced it has acquired Newpark Auto Service in Newark, California. Philadelphia, PA – July 28, 2017. In addition, Mr. Cozza serves as a director of certain wholly-owned subsidiaries of Icahn Enterprises, including: Icahn Automotive Group LLC and PSC Metals LLC. NEW YORK, March 23, 2020 (GLOBE NEWSWIRE) -- In response to investor inquiries and market speculation, Icahn Enterprises L.P. (NASDAQ:IEP) today confirmed that it is the intention of the Board of Directors of the general partner of Icahn Enterprises to maintain the regular quarterly distribution, in the amount of $2.00 per depositary unit, for the foreseeable future. Industry Information. Sep 12, 2017. 34. [14], In October 2020, Carl Icahn announced his son Brett would succeed him as chairman of Icahn Enterprises and CEO of its investment subsidiary Icahn Capital LP. Since 1990, Mr. Icahn has been Chairman of the Board of Directors of Starfire Holding Corporation, a privately-held holding company, and Chairman of the Board of Directors of various subsidiaries of Starfire, since 1984. And this month, Icahn bought another major auto parts player, Precision Auto Care, which has more than 250 stores in 26 states. The Energy segment holds ownership in CVR Energy, Inc., which owns majority interests in two separate operating subsidiaries… Icahn Enterprises has 28,033 employees across 4 locations and $6.12 B in annual revenue in FY 2020. All of its All of its 1 Indicative net asset value does not purport to reflect a valuation of Icahn Enterprises’ operating subsidiaries. Earlier in Nevin’s career, he was employed by Jefferies LLC … Icahn Enterprises L.P. is a Delaware master limited partnership. Icahn Enterprises L.P. (Icahn Enterprises) is a diversified holding company. No representation or assurance, expressed or implied, is made as to the accuracy and correctness of indicative net asset value as of these dates or with respect to any future indicative or prospective results which may vary. The Automotive segment holds ownership in Icahn Automotive Group LLC. This does not include the indicative net asset value of Icahn Enterprises’ operating subsidiaries (including CVR Energy, Inc., Icahn Automotive Group … Cottman Transmission. Icahn Automotive Group LLC has 22000 total employees across all of its locations and generates $1.38 million in sales (USD). The Automotive segment holds ownership in Icahn Automotive Group LLC. Mr. Cozza was previously: a director of Federal-Mogul LLC, a supplier of automotive powertrain and safety components, until October 2018; a director of Tropicana Entertainment Inc., a company that is primarily engaged in the business … The Investment segment is comprises of various private investment funds. Reviews from Icahn Automotive Group LLC employees about Icahn Automotive Group LLC culture, salaries, benefits, work-life balance, management, job security, and more. 2.4 out of 5 stars. The company has investments in various industries including energy, automotive, food packaging, metals, real estate and home fashion. The Automotive segment holds ownership in Icahn Automotive Group LLC. The Automotive segment holds ownership in Icahn Automotive Group LLC. The Automotive segment holds ownership in Icahn Automotive Group LLC. The company has investments in various industries including auto parts, energy, metals, rail cars, casinos, food packaging, real estate, and home fashion. The Railcar segment holds ownership in American Railcar Industries Inc., which is a manufacturer of hopper and tank railcars. He did this through none other than his automotive company, Icahn Automotive Group LLC, a wholly owned subsidiary of Icahn Enterprises L.P. Mr. Investors may reasonably differ on what such elements are and their impact on Icahn Enterprises. 16690 Collins Avenue, Penthouse Suite Sunny Isles Beach, FL 33160 (305) 422-4000 Icahn Automotive Group LLC. [16], American Casino & Entertainment Properties, "Icahn Enterprises L.P. 2016 Form 10-K Annual Report", "Icahn sells Atlantic City property for $270M", "Icahn Enterprises buys PSC Metals for $335 mln", "AREP buys $7 billion Icahn fund management firm", "Tropicana to manage Trump Taj Mahal; Icahn chides N.J. Icahn Automotive Group LLC was formed by its parent, Icahn Enterprises L.P., to invest in and operate businesses involved in aftermarket parts distribution and service. Federal-Mogul plus Icahn Automotive Group and its two subsidiaries (IEH Auto Parts LLC and The Pep Boys - Manny, Moe & Jack) are the Automotive Segment. The Automotive segment holds ownership in Icahn Automotive Group LLC. 02/26/21.