Business Strategy and Outlook| Dawit Woldemariam |
LKQ is the top alternative vehicle-parts provider to repair shops in North America and Europe. We believe the company has built scale-driven cost advantages in its business. Customers value LKQ’s consistent parts availability across a wide range of products and quick delivery. LKQ helps customers complete repairs faster, improving productivity. We think the company’s strong distribution network will support its ability to keep order fulfillment rates high in both aftermarket and salvage products.