STOCK TITAN

Pep Boys Helps Military Veterans Move Forward in Life Through Support of Progressive’s Keys to Progress® Vehicle Donation Initiative

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Pep Boys, a prominent automotive service provider, has partnered with Progressive’s Keys to Progress program for the third consecutive year, donating safety kits and $300 gift cards to 45 U.S. military veterans and their families who received vehicles. This initiative is part of a broader effort to support veterans, providing essential resources to help them regain mobility and improve their lives post-service. Since its inception, the Keys to Progress program has donated over 750 vehicles to veterans, showcasing a commitment to giving back to those who served.

Positive
  • Pep Boys donated safety kits and $300 gift cards to 45 veterans, enhancing its community support.
  • The initiative underlines Pep Boys' long-standing commitment to veterans, improving brand reputation.
  • Keys to Progress has donated over 750 vehicles to veterans, showcasing effective community engagement.
Negative
  • None.

PHILADELPHIA--()--Pep Boys, the automotive service provider committed to “Be the ONE that communities count on to keep them moving,” today presented safety kits and $300 gift cards for future automotive services to the 45 U.S. military veterans and families who received vehicles through Progressive’s Keys to Progress® veteran vehicle giveaway program. This is the third consecutive year Pep Boys has been an affiliate of the Keys to Progress program, which donates cars to help veterans get back on the road and move forward in life.

Among the 45 Keys to Progress vehicle recipients are a single mother of four who has been forced to walk to and from school, stores, medical appointments and other destinations; a former U.S. Army medical specialist who struggled with homelessness and depression following his service in Iraq; a non-commissioned officer in the U.S. Army Reserves who lacked a vehicle to safely transport a son with special needs; and a veteran who lost his restaurant job and, subsequently, his vehicle as a result of the COVID-19 pandemic.

“It touches us deeply to read the stories of veterans who lack many of the basic necessities – including safe, reliable transportation – to establish happy, productive lives following their military service,” said Brian Kaner, CEO ­­­– Service. “Pep Boys was founded nearly 100 years ago by four friends who met while serving in the U.S. Navy, and we’ve never lost sight of the vital daily contributions made by our military.”

In addition to Progressive’s Keys to Progress program, Pep Boys contributes to other veterans’ causes including the U.S. Marines Toys for Tots program; offers significant employment opportunities for veterans to leverage their unique skills; and provides an everyday discount* on automotive service and parts to all active, reserve and retired members of the military.

Now in its eighth year, Progressive’s Keys to Progress program has donated more than 750 vehicles to veterans and veteran organizations. In 2020, Progressive worked with Enterprise Rent-A-Car to acquire certified vehicles from Enterprise’s U.S. fleet of high-quality, late-model used cars, vans and SUVs. In addition to Enterprise and Pep Boys, Keys to Progress affiliates include Veracity Research Co. Investigations; IAA, Inc.; The Original 1-800-Charity-Cars; DDI Technology; and a variety of local charities.

To learn more about the Keys to Progress initiative, including the vehicle recipient application process, visit KeysToProgress.com or #KeysToProgress.

*Restrictions apply; visit https://www.pepboys.com/keys-to-progress for details.

About Pep Boys

Since 1921, Pep Boys has been one of the nation's leading automotive aftermarket chains, providing premium tires; automotive maintenance and repair; premium-brand parts and expert advice for the do-it-yourselfer; commercial auto parts delivery; and fleet maintenance and repair to customers across the U.S. Pep Boys operates more than 9,000 service bays in approximately 1,000 locations in 35 states and Puerto Rico, and the Pep Boy Mobile Crew service trailer, which offers automotive maintenance on location. Customers can find the nearest location by calling 1-800-PEP BOYS (1-800-737-2697), by visiting www.pepboys.com, or following Pep Boys on Twitter, Facebook or Instagram.

About Icahn Automotive

Icahn Automotive Group LLC (Icahn Automotive) was formed by its parent, Icahn Enterprises L.P. (NASDAQ: IEP), to invest in and operate businesses involved in aftermarket parts distribution and service. Our businesses have a singular focus: provide premium automotive parts and services at a great value. Icahn Automotive today consists 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. The businesses of Icahn Automotive total over 22,000 employees, over 2,000 company-owned and franchise locations, and 25 distribution centers throughout the US, Canada, and Puerto Rico. For more information, visit IcahnAutomotive.com.

Contacts

Media
Arianna Stefanoni Sherlock, Icahn Automotive
609-969-8349, asherlock@icahnautomotive.com

Christine Bowser, Pinnacle Media
330-688-3515, chrissy@pinnmedia.com

FAQ

What is the Keys to Progress program and how is Pep Boys involved?

Keys to Progress is a program run by Progressive that donates vehicles to veterans. Pep Boys is an affiliate, providing safety kits and gift cards to recipients.

How many veterans received assistance from Pep Boys in the latest program?

In the latest initiative, Pep Boys assisted 45 veterans and their families.

When did Pep Boys start participating in the Keys to Progress program?

Pep Boys began its participation in the Keys to Progress program three years ago.

What additional support does Pep Boys offer to veterans?

Besides the Keys to Progress program, Pep Boys offers employment opportunities, discounts on services, and supports other veterans' causes.

Icahn Enterprises L.P

NASDAQ:IEP

IEP Rankings

IEP Latest News

IEP Stock Data

5.05B
503.51M
0.11%
86.81%
2.19%
Oil & Gas Refining & Marketing
Motor Vehicle Parts & Accessories
Link
United States of America
SUNNY ISLES BEACH