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LKQ wrecking yard in Texas 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.
Rebuilt parts undergo an extensive re-manufacturing and testing process and must meet the same industry specifications for performance as new parts." In the UK, a market potential of up to 5.6 billion GBP has been identified in remanufacturing, with the benefits said to be improvement to business margins, revenues and security of supply. [ 4 ]
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]
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