LKQ Corporation announced it has reached an agreement with GUNIWHEEL LLC for the exclusive distribution of the GUNIWHEEL System for North America and Europe. The GUNIWHEEL is a universal four and five lug bolt pattern transport wheel that can be used as an alternative method to temporary jack stands or lifts. When a vehicle has […]
LKQ Reports First Quarter Sales of $3.1 Billion
Overall parts and service growth 15.2 percent, organic revenue growth just 0.1 percent. LKQ Corporation (Nasdaq:LKQ) today reported revenue for the first quarter of 2019 of $3.1 billion, an increase of 14 percent as compared to $2.7 billion in the first quarter of 2018. For the first quarter, parts and services organic revenue growth was […]
LKQ Enters Diagnostic Services Business with Elite Electronics Acquisition
LKQ Corporation (NASDAQ:LKQ) announced that it has acquired Elite Electronics, the Richardson, Texas based automotive diagnostic and repair services firm. This acquisition launches LKQ into the vehicle services market, converging LKQ’s parts and distribution business with Elite’s services to further facilitate customers’ needs. Elite Electronics provides mobile and on-site diagnostics for automotive collision and mechanical […]
Randy Wittig and Brian Driehorst Join NABC Board
The National Auto Body Council (NABC) has named two new members to its Board of Directors, filling two open positions. The new board members include: Randy Wittig, director of special projects for LKQ Corporation Brian Driehorst, vice president of business development for Original One Parts “We have accelerated our strategic initiatives through the guidance and […]
LKQ Corporation Revenue Up 22% to $11.9 Billion in 2018
Organic growth for parts and service up 4.4 percent for the year. LKQ Corporation (NASDAQ:LKQ) today announced results for its fourth quarter and full year ended December 31, 2018. For the fourth quarter of 2018, revenue was $3.0 billion, an increase of 22 percent from $2.5 billion for the comparable period of 2017. Parts and […]
LKQ Corporation Donates $25,000 to Collision Repair Education Foundation
LKQ Corporation has renewed its $25,000 contribution to the Collision Repair Education Foundation, as part of its continuing commitment to the future of the collision repair industry. The financial contribution is in addition to the in-kind donation of parts that LKQ donates to collision school programs each year. The monetary contribution assists Education Foundation’s ability […]
LKQ Corporation Reports Revenue Growth of 26.6% in Q3
Reports organic revenue growth for parts and services of 4.3 percent, announces $500 million stock repurchase program. LKQ Corporation (NASDAQ:LKQ) today reported record revenue for the third quarter of 2018 of $3.12 billion, an increase of 26.6 percent as compared to $2.47 billion in the third quarter of 2017. For the third quarter of 2018, […]
LKQ Appoints Three New Board Members
LKQ Corporation (NASDAQ:LKQ) today announced that it has appointed Meg Ann Divitto, John William Mendel, and Jody Greenstone Miller to its Board of Directors effective August 5, 2018. Joseph M. Holsten, Chairman of LKQ Corporation, stated, “Our three new directors complement and enhance our Board with skills and experiences in such areas as automotive technology, […]
LKQ Reports Organic Parts and Service Growth of 7.2% in Second Quarter
LKQ Corporation (NASDAQ:LKQ) today reported record revenue for the second quarter of 2018 of $3.03 billion, an increase of 23.3 percent as compared to $2.46 billion in the second quarter of 2017. For the second quarter of 2018, parts and services organic revenue growth was 7.2 percent and acquisition revenue growth was 12.7 percent, while […]
LKQ Finalizes Stahlgruber Acquisition
LKQ Corporation (NASDAQ:LKQ) today announced the closing of its acquisition of Stahlgruber GmbH from Stahlgruber Otto Gruber AG that was announced in December. Headquartered in Germany, Stahlgruber is a leading European wholesale distributor of aftermarket parts, body repair supplies, tools, capital equipment and accessories with operations in Germany, Eastern Europe, Italy, and with further sales […]