[2] In January 2017, American Driveline Systems, the franchiser of the AAMCO and Cottman Transmission and Total Auto Care brands, was acquired by Transom Capital Group.

In October of the same year, Icahn Enterprises L.P. (NASDAQ: IEP) announced it had acquired American Driveline Systems through a wholly-owned subsidiary.

[3] Aamco has consistently ranked on the Entrepreneurs Franchise 500 [4] Anthony A. Martino started repairing automatic transmissions from leased space in an Esso shop in Philadelphia.

In 1962, Robert Morgan approached Martino with the concept of a national chain of transmission repair stores branded as AAMCO.

Today, AAMCO is the world's largest franchisor of transmission specialists and car repair shops, operating over 600 franchise stores in the United States, Canada.