This is Our Story
We Are LKQ Europe
- 2011: Euro Car Parts (ECP) in UK.
- 2013: Sator joined the LKQ group
- 2014: Atracco, a strong key player in the Nordic Countries followed
- 2016: Rhiag Group joined with representations in ten more countries.
- 2018: STAHLGRUBER and their large subsidiary PV Automotive were added to LKQ Europe.
LKQ positions itself as the most important spare parts provider of the continent. It is already three times larger than its closest competitors contesting against each other for the second rank.
Many Facets - One Solid Core
By the help of high-frequency logistics and sophisticated stockpiling, LKQ raised the spare parts supply in Europe to a whole new level. To date, the company group operates more than 1,000 stores in Europe, each with an enclosed parts warehouse. Depending on their size, the warehouses keep up to 50,000 different parts in stock. This helps LKQ to cover 85% of their customers’ immediate needs – for every vehicle and every type on the market.
A strong network guarantees that garages receive even rare parts usually within 24 hours from receipt of order. The LKQ portfolio structure is derived from the classical product groups such as chassis, engine, electronics or body.
More Then Just Parts
Nowadays, additional services LKQ successfully provides to commit existing customers and gain new ones are becoming increasingly important. The group manages to stay secure within their core business and open up new, future-oriented options at the same time. One example: LKQ now offers supporting consultation and service connected to their product range for the garages obtaining LKQ products.
Apart from products and services, telematics data are the third area LKQ is capturing by expanding its portfolio accordingly. Equipped with hundreds of sensors and control units, recent vehicles collect gigabytes of data with every driven mile. This information is highly relevant for service and maintenance. New LKQ concepts aim at making this data accessible – for the car owners to make a well-informed decision whether to choose a free or an authorized workshop, and for the free workshops to further improve their individual services.
Growth In Volume & Quality
Therefore, LKQ will keep up its status as an automotive aftersales company, but it will not limit itself to the spare parts business and stay flexible concerning its target markets. The company is well aware of this topic’s complexity. First of all, there is a geographic dimension to it. With regard to Europe, LKQ has not yet reached its growth objectives. There are still white spots on the European map to be closed in the future.