Formerly called Cottman Transmission Founder Richard Silva Owner American Capital Founded 1962 | Industry Auto maintenance Area served North America Number of locations 65 Type of business Private | |
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Key people Randy Wright, President
Derik Beck, Vice President of Digital Marketing Services Transmissions, Total Auto Care Headquarters Horsham, Horsham Township, Pennsylvania, United States Profiles | ||
Wilmington nc cottman transmission and total auto care
Cottman Transmission and Total Auto Care is an American transmission-repair franchise and company-owned automotive service centers headquartered in Horsham, Pennsylvania. As of 2014 there are 65 locations in 23 states in the United States and Canada. The company is owned by American Capital and American Driveline Systems, Inc. is the parent company of it. Cottman was founded by Richard Silva in 1962.
Contents
Cottman transmission and total auto care
History
In 1957, Anthony A. Martino founded an automatic repair shop in Philadelphia. Soon after opening the shop, he partnered with two friends, Richard Silva and Walter DeLutz to expand operations. Together, they opened numerous transmission centers in and around Philadelphia. In 1962, the men divided their stores with Silva's center becoming the first Cottman Transmission Center which was named after Cottman Avenue in Northeast Philadelphia, PA.
In 1964, Silva sold his first franchise to an entrepreneur who opened a center on Roosevelt Boulevard. From there, the chain grew locally. As the 1960s and 1970s progressed, the chain expanded along the East Coast and throughout the Gulf Coast states, reaching 81 shops in 1977. In 1979, Silva retired and sold the company to three of his employees - Ambrose, Edward Kelly and James Corkran. The company expanded to a few hundred locations throughout the United States and Canada and became the nation's second-largest chain of transmission repair shops.
In April, 2004 American Capital invested $46 million in the acquisition of Cottman Transmission and purchased the company for $77.3 million including the investment. In 2006, its parent holding company, American Driveline Systems, Inc. acquired AAMCO Transmissions as part of their portfolio and it was combined with the company. Now It operates totally separated under the same owner and parent holding company.
Cottman Transmission and Total Auto Care celebrated its 50th year anniversary of business in 2012.
Services
Cottman Transmission and Total Auto Care specializes in every phase of automotive repair and maintenance including a specialization in servicing both automatic and manual transmissions.
In popular culture
Former American footballer Terry Bradshaw was the spokesperson for the company from 2005 to 2008.