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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]
LKQ has operations in North America, Europe and Taiwan. LKQ sells replacement systems, components, equipment and parts to repair and accessorize automobiles, trucks, and recreational and performance vehicles. [3] In December 2018, it was #300 on the list Fortune 500. [4]
Ferodo's Caernarfon factory was opened by Princess Margaret in 1964. It was founded in 1897 by Herbert Frood (1864–1931), [1] with manufacturing starting in Gorton in 1901 and moving to Chapel-en-le-Frith in 1902. [2]
The UK has a significant presence in auto racing and the UK motorsport industry currently employs around 38,500 people, comprises around 4,500 companies and has an annual turnover of around £6 billion. [3] The origins of the UK automotive industry date back to the final years of the 19th century.
In 1917 he formed Rootes Limited to buy the Maidstone branch of his father's motor business, founded by his father in 1897, to expand his aircraft engine repair business and the manufacture of aircraft parts. [1] In 1919 the distribution of cars and commercial vehicles resumed and operations extended to London and other part of the country. [2]
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