Auto parts, leisure & accessories, auto recycling
Vision & strategy
Unleashing potential to shape the future
Vision, Mission and Purpose
Vision
Our vision is to be the leading auto service system in Europe.
Mission
To be the leading global value-added and sustainable distributor of parts and accessories by offering the most comprehensive and cost-effective selection of parts and services solutions, while building strong partnerships with our employees and communities.
Purpose
Our purpose is to keep the world moving through sustainable mobility. We empower our teams and customers to progress - creating strong partnerships, inclusive communities and a cleaner planet.
TRENDS
Future trends in auto service
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Connectivity
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Electrification
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Shared mobility
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Changing car parc
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Digital channels and interfaces
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Drivers assistance systems
Transforming trends into rewarding customer experiences
The current and future automotive aftermarket is driven by connectivity, electrification, drivers assistance systems, changing car parcs, digital channels and shared mobility. By transforming trends into opportunities, we ignite growth for our customers both now and in the future. The result is seamless and sustainable mobility for all.
Customers
& markets
Workshops
Wholesale
Intermediaries
OEMs
Consumers
Auto parts, leisure & accessories, auto recycling
Great brands, leading assortment, world-class logistics, digital solutions, pan-European network
The leading auto service system by 2030
Planet, people, communities
Empowering our customers to go further
Our customers are at the heart of everything we do. Supporting workshops, fleet, wholesale, intermediaries and consumers are some of the domains we thrive in. By continuously expanding in Europe, we offer high-quality products and services to our customers. Our reliable delivery is backed by world-class logistics, ground-breaking digital solutions, unparalleled selection, and a pan-European network of expertise.
Customers & markets
Workshops
Wholesale
Intermediaries
OEMs
Consumers
Segments
Capabilities
Great brands, leading assortment, world-class logistics, digital solutions, pan-European network
Vision
The leading auto service system by 2030
KPIs
Growth at +2% above market, double digit EBITDA margin, attractive TSR
Sustainability
Planet, people, communities
Sustainability
Pioneering positive change for people and the planet
Passionately protecting the climate and pioneering change is in our business DNA. Our beginnings as recyclers in 1998, reveal we’ve been environmentally-focused from day one. As an environmental leader, we’re the largest recycler of vehicles today. Our North American operations recycle more than 90% of materials from vehicles we procure and our European segment is engaged in sustainability projects that improve our communities. By reducing CO₂ emissions, we also contribute to meeting environmental Paris Agreement targets.
Innovation
Driving the independent automotive aftermarket forward
Innovation is at the core of our business DNA. At LKQ Europe we are convinced that investments in new business models, products and services are essential to keep delivering added value to our customers.
Covid-19
Advancing through adversity
LKQ Corporation and LKQ Europe have skilfully managed the impacts of the COVID-19 since the start of pandemic. Throughout 2020, we worked flexibly and controlled costs to reinforce our future viability. Customer support remain a top priority for our teams, who work to help our networks through challenging times.
