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Coalition Seeks Federal Solution to Establish Vehicle Data Access Rights

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Independent repair associations join with insurers, parts suppliers, fleet operators and consumer groups to call for data access guarantees in federal legislation. In comments to U.S. House and Senate committees considering autonomous vehicle legislation, the U.S. Vehicle Data Access Coalition, a broad based and growing group of automotive repair and supplier association and businesses, last […]

Premiere Services Announces Agreement with LKQ on Remanufactured Infotainment Systems

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Premiere Services, the insurance replacement and collision repair categories’ provider of mobile electronics and mobile wheel and tire replacement services, has reached an agreement with LKQ Corporation to be the exclusive provider of remanufactured Infotainment and mobile electronics systems supporting the LKQCE program across all 50 states and Canada. Premiere Services remanufactures salvage mobile electronics […]

LKQ Reports Revenue Growth Over 7%

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Organic parts and services growth declined 2.1 percent. LKQ Corporation (NASDAQ:LKQ) today reported revenue for the second quarter of 2019 of $3.25 billion, an increase of 7.2 percent as compared to $3.0 billion in the second quarter of 2018. For the second quarter of 2019, parts and services organic revenue declined 2.1 percent, (1.3 percent […]

LKQ Announces Exclusive Distribution Agreement with GUNIWHEEL

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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

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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

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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

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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 Donates $25,000 to Collision Repair Education Foundation

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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 […]

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