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You are here: Home / Archives for LKQ Corporation

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

LKQ Releases 2021 Sustainability Report

May 23, 2022 By CollisionWeek Editor

Unveils its new brand identity. LKQ Corporation (NASDAQ:LKQ) released its 2021 Sustainability Report and unveiled its new brand identity, reflecting the Company’s transformation from a salvage dismantler and recycler to a leading global value-added and sustainable distributor of vehicle parts, accessories, and services. LKQ’s 2021 Sustainability Report, highlights key environmental, social, and governance (ESG) accomplishments. […]

Filed Under: News Tagged With: ESG, LKQ Corporation, Sustainability

LKQ Corporation Reports Revenue of $3.3 Billion in First Quarter

April 28, 2022 By CollisionWeek Editor

LKQ Corporation (NASDAQ:LKQ) today reported revenue for the first quarter of 2022 was $3.3 billion, an increase of 5.6% as compared to $3.2 billion in the first quarter of 2021. Parts and services organic revenue increased 6.9% (5.6% on a per day basis), while the net impact of acquisitions and divestitures increased revenue by 1.7% […]

Filed Under: News Tagged With: Earnings, LKQ Corporation

LKQ Corporation Completes Sale of PGW Auto Glass Business to One Equity Partners

April 21, 2022 By CollisionWeek Editor

Sale price was $362 million. LKQ Corporation (NASDAQ:LKQ) announced that it has completed its previously announced agreement to sell PGW Auto Glass, a distributor of aftermarket glass to the North American automotive sector, to One Equity Partners. The sale price was $362 million, subject to customary post-closing purchase price adjustments. LKQ will report the financial […]

Filed Under: News Tagged With: Acquisitions, LKQ Corporation, One Equity Partners

LKQ Debt Rated Investment Grade

April 19, 2022 By CollisionWeek Editor

LKQ Corporation (NASDAQ:LKQ) today announced that S&P Global Ratings raised the Company’s issuer credit rating to an investment grade rating of BBB- from BB+. Additionally, S&P raised the Company’s issuer-level rating on its unsecured debt to BBB- from BB+. S&P’s rating outlook for LKQ Corporation is stable. “Achieving investment grade status with S&P is further […]

Filed Under: News Tagged With: Credit Ratings, LKQ Corporation, S&P Global

PartsTrader Partners with LKQ North America to Provide Data for SurePart

April 12, 2022 By CollisionWeek Editor

PartsTrader announced a partnership with LKQ North America to provide access to LKQ North America’s broad range of alternative parts and services via SurePart, PartsTrader’s new parts pricing platform for carrier-written/IA estimates. SurePart allows appraisers to write more accurate estimates by providing instant market pricing and leveraging industry-leading filtering to remove invalid parts. Rather than […]

Filed Under: News Tagged With: Agreements Signed, electronic parts ordering, LKQ Corporation, PartsTrader

LKQ Selling PGW Auto Glass Business to One Equity Partners

March 14, 2022 By CollisionWeek Editor

PGW had $400 million in revenue during 2021. LKQ Corporation (NASDAQ:LKQ) today announced that it has entered into a definitive agreement to sell PGW Auto Glass, a distributor of aftermarket glass to the North American automotive sector, to the private equity firm One Equity Partners (OEP). The transaction is expected to be completed during the […]

Filed Under: News Tagged With: Acquisitions, LKQ Corporation, One Equity Partners, Pittsburgh Glass Works

LKQ Corporation Reports Fourth Quarter Revenue of $3.2 Billion, up 7.9% versus 2020

February 17, 2022 By CollisionWeek Editor

LKQ Corporation (NASDAQ:LKQ) today reported revenue for the fourth quarter of 2021 was $3.2 billion, an increase of 7.9% as compared to $3.0 billion in the fourth quarter of 2020. For the fourth quarter of 2021, parts and services organic revenue increased 6.6% (7.3% on a per day basis), while the net impact of acquisitions […]

Filed Under: News Tagged With: Earnings, LKQ Corporation

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