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You are here: Home / Archives for LKQ Corporation

LKQ to Acquire Uni-Select for $2.1 Billion

February 27, 2023 By CollisionWeek Editor

Acquisition of FinishMaster parent complements North American refinish paint distribution operations and aftermarket automotive parts business. LKQ Corporation (NASDAQ:LKQ) and Uni-Select Inc. (TSE:UNS) today announced that they have entered into a definitive agreement for LKQ to acquire all of Uni-Select’s issued and outstanding shares for CA$48.00 ($35.41) per share in cash, representing a total enterprise […]

Filed Under: News Tagged With: Acquisitions, FinishMaster, LKQ Corporation, Uni-Select

LKQ Corporation Reports Fourth Quarter Revenue of $3.0 Billion, $12.8 Billion for Year

February 23, 2023 By CollisionWeek Editor

Parts and services organic revenue increased 4.5%. LKQ Corporation (NASDAQ:LKQ) today reported fourth quarter revenue was $3.0 billion, a decrease of 5.8% as compared to $3.2 billion in the fourth quarter of 2021. On a constant currency basis, however, fourth quarter revenue decreased by just 0.1%. For the fourth quarter of 2022, parts and services […]

Filed Under: News Tagged With: Earnings, LKQ Corporation

LKQ Continues Support of Collision Repair Schools Through CREF

February 16, 2023 By CollisionWeek Editor

The sustainability of the collision repair industry is vital to LKQ Corporation, and their commitment to ensuring the industry’s future growth and success is evident in the company’s ongoing support of the Collision Repair Education Foundation (CREF). In recent months alone, LKQ has donated over $175,000 to succor the next generation of collision professionals and […]

Filed Under: News Tagged With: Career and Technical Education, Collision Repair Education Foundation, Donations, LKQ Corporation

ASE Education Foundation Receives Over $113,000 Donation from LKQ Cares Holiday Vote Charitable Program

January 24, 2023 By CollisionWeek Editor

Donation from LKQ will help expand Adopt-A-School, registered apprenticeship and mentor development programs. Through its second annual LKQ Cares Holiday Vote, the LKQ Community Foundation is contributing $1 million to 10 philanthropic organizations, including the ASE Education Foundation. As part of this program, announced in November, each of the 10 organizations received an initial $50,000 […]

Filed Under: News Tagged With: ASE Education Foundation, Donations, LKQ Corporation, Workforce Development

2nd Annual LKQ Cares Holiday Vote Charitable Program Opens

November 29, 2022 By CollisionWeek Editor

LKQ Corporation announced its 2nd annual LKQ Cares Holiday Vote charitable program commenced today on Giving Tuesday and will run through Monday, December 5. LKQ has doubled its contribution from last year, committing to donate a total of $1 million to the following philanthropic organizations including: American Cancer Society ASE Education Foundation Children’s Miracle Network […]

Filed Under: News Tagged With: LKQ Corporation

LKQ Corporation Reports Revenue of $3.1 Billion in Third Quarter

October 27, 2022 By CollisionWeek Editor

LKQ Corporation (NASDAQ:LKQ) today reported Revenue for the third quarter of 2022 was $3.1 billion, a decrease of 5.9% as compared to $3.3 billion in the third quarter of 2021. On a constant currency basis1, third quarter revenue grew by 1.0% to $3.3 billion. Parts and services organic revenue increased 4.8% on a reported basis […]

Filed Under: News Tagged With: Earnings, LKQ Corporation

LKQ Partners with SOCi to Improves Customer Engagement, Streamlines Digital Presence in North America

October 25, 2022 By CollisionWeek Editor

SOCi Inc. and LKQ Corporation’s North American organization announced today that the alternative auto parts provider has chosen SOCi as its localized marketing platform of record to manage the company’s online listings and customer reviews. Through the platform, the value-added sustainable distributor of vehicle parts and accessories is now able to efficiently engage with its […]

Filed Under: News Tagged With: Agreements Signed, LKQ Corporation, SOCi

LKQ Corporation Announces Leadership Appointments

September 19, 2022 By CollisionWeek Editor

CEO and Managing Director of LKQ Europe named along with new Senior VP and CFO. LKQ Corporation (NASDAQ:LKQ) today announced the Varun Laroyia, Executive Vice President and Chief Financial Officer, has been appointed as Chief Executive Officer and Managing Director of LKQ Europe and Rick Galloway, Chief Financial Officer of LKQ’s Wholesale – North America […]

Filed Under: News Tagged With: Europe, LKQ Corporation, People

o9 Solutions and Supply Chain Insights Announce LKQ Selection by Project Zebra to Test Outside-In Supply Chain Planning Processes

August 18, 2022 By CollisionWeek Editor

o9 Solutions, an enterprise AI software platform provider for transforming planning and decision making, and research firm Supply Chain Insights jointly announced that LKQ Europe was selected to participate in a pilot program to test outside-in planning concepts by Project Zebra, an open-source think tank driving supply chain improvement. Project Zebra was co-founded by o9 […]

Filed Under: News Tagged With: Agreements Signed, Artificial Intelligence, Europe, LKQ Corporation, o9 Solutions, Supply Chain Insights

LKQ Reports Revenue of $3.3 Billion in Second Quarter

July 28, 2022 By CollisionWeek Editor

Wholesale North America organic revenue for parts and services was 10.7% Overall parts and services organic revenue growth was 3.8% overall and 4.2% on a per day basis. LKQ Corporation (NASDAQ:LKQ) today reported revenue for the second quarter of 2022 was $3.3 billion, a decrease of 2.7% as compared to $3.4 billion in the second […]

Filed Under: News Tagged With: Earnings, LKQ Corporation

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