LKQ Corp.

LKQ Corp is a leading global distributor of aftermarket, recycled and refurbished automotive parts, serving collision repairers, independent garages and vehicle owners across North America and Europe. Its business mixes recycled (green) parts, aftermarket replacements and value-added services such as logistics and inventory management. Revenue tends to track vehicle parc size, collision repair volumes, and replacement-demand cycles rather than new-vehicle production. Strengths include scale, a broad supplier network and margin opportunities from remanufacturing and parts sourcing. Key risks are cyclicality tied to economic activity, exposure to commodity and freight costs, integration challenges from acquisitions, currency fluctuations and gradual shifts in vehicle technology (for example, more electric vehicles may change parts demand over time). Investors should view LKQ as a play on the automotive aftermarket with both defensive and cyclical elements; this is general information and not financial advice. Always consider your own goals and consult a professional about suitability before investing.