Icahn Automotive Completes Acquisition of Precision Auto Care

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.

The acquisition brings more than 320 corporate-owned and franchised Precision Tune service locations in the U.S. and internationally to Icahn Automotive.

Icahn Automotive Group LLC was formed by its parent, Icahn Enterprises L.P. (NASDAQ: IEP), to invest in and operate businesses involved in aftermarket parts distribution and service. The businesses of Icahn Automotive Group today consist of Pep Boys, an automotive aftermarket retail and service chain, Auto Plus®, an automotive aftermarket parts distributor, and Precision Tune Auto Care, a network of automotive service centers.

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