Groupe Del Vasto is pleased to announce that Lucy and John Del Vasto have decided to become Lifetime Trustees of the University of the Aftermarket Foundation by making a generous donation in support of the foundation’s commitment to expanding educational opportunities for the benefit of the automotive aftermarket industry.
This donation not only demonstrates their commitment to social responsibility but also their dedication to the future of the automotive aftermarket. “We are extremely happy to give back to an industry that has been so good to us. We are very proud of our long-term commitment to the University of the Aftermarket Foundation and the numerous recipients who will benefit from its scholarship program. Our participation will help feed our industry’s success for the foreseeable future by strengthening our aftermarket workforce.”
Since 1986, the Foundation has provided funding for aftermarket education programs and research. By awarding grants throughout each year, the Foundation financially supports the continued development and distribution of courses in ever-broadening areas. By supporting such academic offerings, the Foundation and its donors ensure that education will have a stabilizing influence in the increasingly complex aftermarket. To maintain the automotive aftermarket in the form that has proven so successful for decades, the aftermarket must strive continually to increase the business management skills and professionalism within its ranks. Encouraging employees to develop a strong understanding of industry dynamics will assist them to successfully meet the challenges of a competitive marketplace. Last year, the Foundation awarded 461 scholarships worth $731,000.
Lucy and John have been formally recognized for their role in the foundation during Industry Week in Las Vegas which runs from October 31 to November 3.