LKQ Europe and LeasePlan, two leading players in their respective fields, have announced a significant expansion of their collaboration to a pan-European level. This multi-year agreement signifies a deeper commitment to providing comprehensive vehicle maintenance and Lkq Full Service Parts Car Parts solutions across Europe. The partnership leverages the strengths of both companies to deliver enhanced services and efficiencies to LeasePlan’s extensive fleet and customer base.
Varun Laroyia, CEO of LKQ Europe, emphasized the successful existing collaborations between the two companies in select countries and expressed enthusiasm for the expanded partnership. “LeasePlan is a leader in Car-as-a-Service, and we are confident that there is mutual benefit in partnering on a larger scale,” stated Laroyia. He highlighted LKQ’s proven processes, expertise, and know-how in spare parts distribution and repair as key assets that will benefit LeasePlan. This collaboration aims to streamline vehicle maintenance and ensure the availability of high-quality car parts for LeasePlan’s fleet.
Ignacio Barbadillo Llorens, Chief Operations Officer at LeasePlan, also conveyed his positive outlook on the agreement. “Thanks to this prestigious collaboration, significant local and central efficiencies and benefits for our customers will be achieved,” he commented. The agreement is structured around two key pillars: full management of vehicle maintenance for the LeasePlan fleet within LKQ-affiliated repair centers and the supply of original quality spare parts by LKQ to LeasePlan’s network of partner garages throughout Europe. This dual approach ensures that LeasePlan vehicles receive top-tier maintenance and are fitted with high-quality full service parts, optimizing vehicle uptime and driver satisfaction.
LKQ Europe, a subsidiary of LKQ Corporation, stands as a premier distributor of automotive aftermarket parts in Europe. With a vast network of over 1,000 branches and a workforce of approximately 26,000 employees, LKQ Europe generated around $5.7 billion in revenue in 2022. The company supplies over 100,000 workshops across more than 20 European countries, offering an extensive catalog of automotive car parts. Their portfolio includes well-known entities like LKQ Euro Car Parts and LKQ RHIAG Group, showcasing their broad reach and expertise in the automotive aftermarket.
LeasePlan, a global leader in Car-as-a-Service, manages approximately 1.6 million vehicles across over 28 countries. With 60 years of industry experience, LeasePlan provides comprehensive end-to-end services, from vehicle procurement and funding to management, for typical contract durations of three to four years. Their mission focuses on delivering sustainable mobility solutions, enabling their customers to concentrate on their core business activities. This partnership with LKQ Europe further strengthens their commitment to providing efficient and reliable vehicle services, backed by a robust supply of full service parts car parts.
This strategic alliance between LKQ Europe and LeasePlan is poised to bring significant advancements to the European automotive aftermarket. By combining LKQ’s comprehensive car parts offerings and repair network with LeasePlan’s Car-as-a-Service expertise, the collaboration promises enhanced efficiency, optimized vehicle maintenance, and superior service delivery for LeasePlan customers across Europe.
