What does LKQ Corp stand for?

What does LKQ Corp stand for?

Like Kind in Quality
Aftermarket parts are manufactured by a different company other than the Original Equipment Manufacturer (OEM) of your vehicle. These parts are made to “resemble OEM standards” and are often less expensive than OEM parts. LKQ stands for “Like Kind in Quality”.

What companies does LKQ own?

LKQ is Formed LKQ Corporation formed with our first 3 acquisitions: Triplett Auto Recyclers, Damron Auto Parts and Star Auto Parts.

Where is LKQ corporate headquarters?

Chicago, ILLKQ Corporation / Headquarters

How many locations does LKQ have in the US?

68 Locations in the United States.

Is LKQ the same as OEM?

Technically LKQ parts are still OEM parts, the only difference is that they are not brand new and are also not going to burn a hole in your wallet when you buy them. On the contrary, Aftermarket parts are replacements made by third party manufacturers, which are not the same manufacturers that built your vehicle.

Is LKQ an aftermarket?

Company overview. LKQ (NASDAQ:LKQ) is a distributor of aftermarket and recycled, refurbished or remanufactured automotive parts.

Who bought LKQ?

LKQ Corporation

Type	Public
Key people	Dominick P. Zarcone, President and CEO
Owner	ValueAct Capital, 7.1%
Number of employees	44,000 (2022)
Subsidiaries	Keystone Automotive

Is LKQ a product based company?

LKQ is a global leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. LKQ offers its customers a broad range of replacement systems, components, equipment, and parts to repair and accessorize automobiles, trucks, recreational and performance vehicles.

How many employees does LKQ have?

51,000 employees
LKQ is now over 51,000 employees strong worldwide, and with over 1,700 locations in 31 countries.

How old is LKQ?

LKQ Corporation was founded by Donald Flynn in February 1998, with the purchase of Triplett Automotive Recycling in Akron, Ohio. LKQ’s first purchase, in July 1998, was Triplett Automotive Recycling of Akron, Ohio, a 50-year old, family-owned firm.

How big is LKQ?

LKQ is now over 45,000 employees strong worldwide, and with over 1,600 locations in 25 countries. Our focus is simple — To provide the best customer service experience possible.

What comes with LKQ knee Assembly?

The front knee comprises the complete suspension assembly that supports each of front wheel. Parts of the knee assembly include the strut, steering knuckle, and upper and lower control arms. A properly working knee assembly affects the quality and safety of your overall driving experience.

Who founded LKQ?

Donald FlynnLKQ Corporation / Founder

How does LKQ make money?

Founded in 1998, Chicago-based LKQ buys wrecked cars at auction, disassembles and mines them for usable parts, and sells the rest for scrap.

What comes with Lkq knee Assembly?

What is included in a suspension knee?

EMAIL TO YOUR FRIEND Knee Strut Assemblies include components per application such as strut/shock, spring, bushings, spindle/knuckle, control arms & hubs. Core parts are remanufactured & tested, wear parts are replaced with new.

What is a spindle knuckle?

Also known as the steering knuckle, it is the part of the steering system that allows the front wheels to turn. On a front-wheel-drive vehicle, the spindle is the end of the drive shaft that connects with the wheel hub through the use of splines.

What size steering wheel is most commonly used on heavy duty trucks?

With common wheelbase and steering ratio this typically means a steering wheel, StW, diameter of 45-50 cm on modern heavy trucks.

How much does a steering knuckle cost?

A steering knuckle can cost anywhere between $45 and $910 for the part itself (labor is extra if you need to have the knuckle professionally installed). Its price tag can vary depending on the year, make, and model of the vehicle as well as the quality of the replacement part.