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You are here: Home / Archives for LKQ Corporation

LKQ Sells Self Service Segment

August 26, 2025 By CollisionWeek Editor Leave a Comment

LKQ Corporation (NASDAQ: LKQ) today announced it has entered into an agreement to sell its Self Service segment, Pick Your Part, to an affiliate of Pacific Avenue Capital Partners, LLC for an enterprise value of $410 million, subject to customary post-closing purchase price adjustments. This proposed transaction was the result of a competitive bid sale […]

Filed Under: News Tagged With: Acquisitions, LKQ Corporation, Pacific Avenue Capital Partners, Salvage

John Mendel Elected Chairman of LKQ Corporation Board

August 22, 2025 By CollisionWeek Editor Leave a Comment

Guhan Subramanian retires as chairman and will retire from the Board on January 1, 2026 LKQ Corporation (Nasdaq: LKQ) announced that John Mendel has been elected as Chairman of the Board of Directors, effective immediately. This follows Guhan Subramanian’s decision to step down as Chairman this month and to retire from the Board on January […]

Filed Under: News Tagged With: Board of Directors, LKQ Corporation, People

CCC and Elitek Expand Integration to Include Sublet Services

August 12, 2025 By CollisionWeek Editor Leave a Comment

CCC Intelligent Solutions Inc. (NASDAQ: CCCS) announced that Elitek Vehicle Services, an LKQ company, has expanded its integration with the CCC Diagnostics Network. With this expansion, Elitek’s mobile sublet services can now be automatically added to CCC ONE workfiles. This enables Elitek’s mobile service collision repair customers to digitally capture diagnostics as well as non-diagnostics […]

Filed Under: News Tagged With: Agreements Signed, CCC, Elitek Vehicle Services, Integrations, LKQ Corporation

LKQ Partners with Fix Auto UK in Five-Year Supply Agreement

July 17, 2025 By CollisionWeek Editor

LKQ and Fix Auto UK have signed a five-year partnership that supports long-term success and sustainability for all Fix Auto UK Franchise Partners. Following a successful three-year relationship, the two organizations have entered a new agreement running from September 1 until May 2030, reinforcing their shared commitment to sustainable growth and excellence. As part of […]

Filed Under: News Tagged With: Agreements Signed, Fix Auto UK, LKQ Corporation, United Kingdom

LKQ Corporation and IAA’s SYNETIQ Announce Strategic European Joint Venture

June 24, 2025 By CollisionWeek Editor

Venture a key step in Europe-wide vehicle recycled parts strategy. LKQ Corporation (NASDAQ: LKQ), today announced that LKQ Europe has entered into a joint venture with SYNETIQ Ltd., an IAA company. LKQ Europe is the leading distributor of automotive aftermarket parts for cars, commercial vans, and industrial vehicles in Europe. SYNETIQ is one of the […]

Filed Under: News Tagged With: Agreements Signed, Europe, Insurance Auto Auctions, LKQ Corporation

LKQ Publishes 2024 Global Sustainability Report

May 28, 2025 By CollisionWeek Editor

LKQ Corporation (NASDAQ: LKQ) announced the release of its 2024 Sustainability Report. The report showcases LKQ’s role in driving success as a best-in-class operator for our investors and key stakeholders, while maintaining a critical role in facilitating the growth of the global circular economy. “LKQ embodies the principle that business excellence and sustainability are fundamentally […]

Filed Under: News Tagged With: LKQ Corporation, Sustainability

LKQ Corporation Reports Revenue of $3.5 Billion in First Quarter

April 24, 2025 By CollisionWeek Editor

LKQ Corporation (NASDAQ: LKQ) today reported revenue for the first quarter of 2025 was $3.5 billion, a decrease of 6.5% compared to $3.7 billion for the first quarter of 2024. Parts and services organic revenue decreased 4.3%, or a 3.1% decrease on a per day basis. The net impact of acquisitions and divestitures decreased revenue […]

Filed Under: News Tagged With: Earnings, LKQ Corporation

LKQ Europe Appoints Sebastien Vanderperre CEO for Benelux-France Region

April 17, 2025 By CollisionWeek Editor

LKQ Europe has appointed Sebastien Vanderperre as the new CEO of its Benelux-France Region, effective May 1. Vanderperre brings over 20 years of senior leadership experience in the automotive aftermarket. He previously served as Director of the Consumer Tires EMEIA division for France and Benelux at Bridgestone. His career also includes various international leadership roles […]

Filed Under: News Tagged With: Belgium, Europe, France, LKQ Corporation, Luxembourg, People

LKQ Corporation Fourth Quarter Revenue of $3.4 Billion

February 20, 2025 By CollisionWeek Editor

Revenue was down in the quarter compared to last year as repairable claims declined. Revenue for the full year was up. LKQ Corporation (NASDAQ: LKQ) today reported revenue for the fourth quarter of 2024 was $3.4 billion, a decrease of 4.1% compared to $3.5 billion for the fourth quarter of 2023. Parts and services organic […]

Filed Under: News Tagged With: Earnings, LKQ Corporation

Elitek Vehicle Services Launches ADAS MAP

February 19, 2025 By CollisionWeek Editor

Elitek Vehicle Services, an LKQ company, announced the launch of its innovative Advanced Driver Assistance Systems Mapping (ADAS MAP) solution. It is powered by advanced technology from OPUS IVS. This software tool is designed to provide repair shops with the confidence and efficiency needed to properly diagnose, calibrate, and repair Advanced Driver Assistance Systems (ADAS) […]

Filed Under: News Tagged With: Agreements Signed, Calibration, Elitek Vehicle Services, LKQ Corporation, Opus IVS

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