Generous Donation From Lucy and John Del Vasto

Lucy and John Del Vasto Become Lifetime Trustees of the University of the Aftermarket Foundation

Groupe Del Vasto announced 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.

“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”.

Education and research

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. The foundation and its donors support such academic offerings, to 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 in successfully meeting 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 until November 3.

To learn more about the Foundation and its mission, visit uofa-foundation.org.