Robert Morgan and Anthony A. Martino founded AAMCO in 1963 in Philadelphia, Pennsylvania. The name comes from the initials of Martino’s name plus Co for company. Martino liked this as, not only did it use his initials, but it also placed his business higher in the yellow page rankings of its day, since those were done alphabetically. The original name of the company was AAMCO Auto and Truck Repair. Quickly realizing the complexity and failure rate of automatic transmissions of the times, Martino quickly decided to drop the “Auto and Truck Repair”, and focus solely on transmissions, where the company would stay focused until 2007.
After 2007, the company again realized that, with the modern transmissions of today being more reliable, they should include more car care options. The name of the company is now AAMCO Transmissions and Total Car Care.
AAMCO is a transmission-repair company that operates as a franchise, with the first franchise opening in New Jersey in 1963.
Morgan and Martino also founded MAACO, an auto body shop franchise. Martino eventually ended his affiliation with AAMCO to manage MAACO.
Morgan was the first CEO of the company and was succeeded by his son, Keith Morgan.
In 2006, American Capital, Ltd. bought AAMCO Transmissions.
In January 2017, American Driveline Systems, the franchiser of the AAMCO and Cottman Transmission & Total Auto Care brands, was acquired by Transom Capital Group.
AAMCO ranked near the top in the Entrepreneur site of the top 500 Franchises in America in 2023.
In September 2022, a former black executive of AAMCO filed a discrimination lawsuit.
The company now has more than 500 franchises across the United States, Canada, and Puerto Rico, 5,000 employees, and $450 million in revenue in 2022.
AAMCORobert Morgan and Anthony A. Martino founded AAMCO in 1963 in Philadelphia, Pennsylvania. The name comes from the initials of Martino’s name plus Co for company. Martino liked this as, not only did it use his initials, but it also placed his business higher in the yellow page rankings of its day, since those were done alphabetically. The original name of the company was AAMCO Auto and Truck Repair. Quickly realizing the complexity and failure rate of automatic transmissions of the times, Martino quickly decided to drop the “Auto and Truck Repair”, and focus solely on transmissions, where the company would stay focused until 2007.
After 2007, the company again realized that, with the modern transmissions of today being more reliable, they should include more car care options. The name of the company is now AAMCO Transmissions and Total Car Care.
History
AAMCO is a transmission-repair company that operates as a franchise, with the first franchise opening in New Jersey in 1963.
Morgan and Martino also founded MAACO, an auto body shop franchise. Martino eventually ended his affiliation with AAMCO to manage MAACO.
Morgan was the first CEO of the company and was succeeded by his son, Keith Morgan.
In 2006, American Capital, Ltd. bought AAMCO Transmissions.
In January 2017, American Driveline Systems, the franchiser of the AAMCO and Cottman Transmission & Total Auto Care brands, was acquired by Transom Capital Group.
AAMCO ranked near the top in the Entrepreneur site of the top 500 Franchises in America in 2023.
In September 2022, a former black executive of AAMCO filed a discrimination lawsuit.
The company now has more than 500 franchises across the United States, Canada, and Puerto Rico, 5,000 employees, and $450 million in revenue in 2022.