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LKQ Corporation (“Like, Kind and Quality”) is an American provider of alternative and speciality parts to repair and accessorize automobiles and other vehicles. LKQ has operations in North America, Europe and Taiwan.
Genuine Parts and LKQ are part of the Zacks Industry Outlook article. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Mail ...
The company was founded by Sukhpal Singh Ahluwalia, when he opened a motor parts shop in Willesden, London in 1978. The business was originally established to supply parts for BMW, Mercedes-Benz, Porsche and Volkswagen vehicles. In October 2011, the company was sold to LKQ Corporation of Chicago, for £225 million. [2]
Exterior of an O'Reilly Auto Parts store in Houston in Texas, United States. Interior of an Advance Auto Parts store in Virginia, United States.. An automotive part retailer is a retail business that sells automotive parts and related accessories to both consumers and professional repair shops, through physical stores and websites. [1]
The company expanded to become a leading supplier of parts, paints and equipment for cars and light commercial vehicles in the UK. [6] By 2011, Euro Car Parts employed 3,500 people across 89 locations. [5] In October 2011, Ahluwalia sold Euro Car Parts to LKQ Corporation for £280 million, with a supplementary £55 million if targets were met.
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