LKQ Corporation has announced the forthcoming retirement of its European executive vice president and CEO, John S Quinn, and the selection of Arnd Franz, current chief operating officer of LKQ Europe, to succeed him effective 1 October, 2019.
The Original founder of Euro Car Parts, Sukhpal Singh Ahluwalia, has extended his contract with the business, as executive chairman of LKQ’s operations in the United Kingdom and Republic of Ireland. Ahluwalia is also a member of LKQ Corporation’s board of directors.
Euro Car Parts has appointed Sukhbir Kapoor as vice president (VP) for Supply Chain and E-commerce. According to LKQ Corporation, which owns Euro Car Parts, Kapoor will coordinate the company’s pan-European strategies and activities in supplier relationships, global sourcing, inventory, category management, brands and concepts, cataloguing, e-commerce and pricing. Kapoor joins the board of Euro […]
Euro Car Parts has secured one of the largest industrial facilities in the Midlands with a view to turning it into one of the UK’s largest parts distribution centres. According to the company, the project is being funded by investment from parent company LKQ Corporation and will secure over 1,350 jobs for the local area and an additional 2,000 jobs in branches and head office.
With numerous sources reporting that loss-making parts firm Unipart Automotive is just days away from a rescue plan (which you might read as a sales of the company), and with at least three bidders being associated with the deal, fast-growing rival Euro Car Parts could be seen as a front runner. But first a little background. Following the initial news reports Unipart Automotive was close to calling in the administrators on 8 July, a day later minority shareholder Unipart Group clarified its relationship to Unipart Automotive: