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LKQ Corporation

LKQ Corporation Overview

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About LKQ Corporation

LKQ Corporation is a leading automotive parts provider established in 1998 by Donald F. Flynn, headquartered in Antioch, Tennessee, USA. The company specializes in supplying alternative and specialty parts to repair and accessorize automobiles and other vehicles.

With a presence across North America, Europe, and Taiwan, LKQ Corporation operates over 1,600 locations in 31 countries, including the United States, Canada, Germany, the United Kingdom, and Italy. As a global leader in the automotive parts industry, LKQ employs around 46,000 people and reported annual revenue of $13.866 billion in 2023.

When Was LKQ Corporation Established?

Founded: 1998
Founder: Donald F. Flynn
Headquarters: Antioch, Tennessee, USA
Industry: Automotive Parts
Global Locations: Over 1,600 locations across 31 countries
Employees: Approximately 46,000 globally
Annual Revenue: $13.866 billion (2023)

LKQ Corporation Mission Statement

"To be the leading global value-added and sustainable distributor of vehicle parts and accessories by offering our customers the most comprehensive, available, and cost-effective selection of parts and service solutions while building strong partnerships with our employees and the communities in which we operate."

What Is LKQ Corporation Known For?

LKQ Corporation stands out as a top provider of alternative and specialty automotive parts dedicated to vehicle repair and accessorizing, supported by their extensive inventory and industry certifications.

Extensive and Diverse Inventory

LKQ offers an extensive selection of recycled Original Equipment (OE) parts, aftermarket collision replacement products, remanufactured engines and transmissions, paint-related products, heavy truck parts, and vehicle diagnostic services. This broad product range caters to a variety of repair and maintenance needs within the automotive aftermarket sector.

Industry-Leading Warranty and Certifications

The company is distinguished by its industry-leading warranty programs, CAPA certification, and Promise of Protection indemnification, ensuring quality and reliability unmatched by many competitors in the automotive parts market.

Commitment to Environmental Stewardship

As the world’s largest recycler of automobiles, LKQ Corporation emphasizes sustainable practices and environmental responsibility, reinforcing its corporate social responsibility through resource conservation and recycling initiatives.

How Extensive Are LKQ Corporation’s Operations?

With operations spanning North America, Europe, and Taiwan, LKQ Corporation manages over 1,600 locations in 31 countries, solidifying its position as a global leader in automotive parts distribution.

The company serves a wide market through its diverse business model that focuses on distributing replacement parts, systems, and specialty aftermarket products essential for vehicle repair and maintenance.

Key Markets and Locations

In addition to its U.S. headquarters in Tennessee, LKQ maintains significant operations in countries such as Canada, Germany, the United Kingdom, and Italy, providing localized access to its comprehensive product offerings.

Who Owns LKQ Corporation?

LKQ Corporation is a publicly traded company with a strong market presence. Ownership is held by a combination of institutional investors, individual shareholders, and company executives who steer the company’s global automotive parts solutions.

Is LKQ Corporation Currently Hiring?

You can check out the open positions that LKQ Corporation has right here on OysterLink.

LKQ Corporation Frequently Asked Questions

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