AdditLKQ Europe and LeasePlan Strengthen Partnership for Enhanced Automotive Aftermarket Services

In a significant development for the independent aftermarket sector, LKQ Europe, the foremost distributor of automotive aftermarket parts in Europe, and LeasePlan, a global leader in Car-as-a-Service, have expanded their collaboration to a European level. This strategic move, based on a dual mode of cooperation, marks a milestone achievement for both companies.

Expanding Collaboration for Enhanced Vehicle Maintenance and Spare Parts Distribution

LKQ Europe, led by CEO Varun Laroyia, and LeasePlan, renowned for its Car-as-a-Service solutions, have established a successful working relationship in multiple countries. Now, they are taking their partnership to the next level. In addition, the newly inked multi-year agreement entails comprehensive vehicle maintenance management for the LeasePlan fleet at LKQ-affiliated repair centers. Furthermore, LKQ will supply original quality spare parts to the extensive network of LeasePlan partner garages across Europe.

Laroyia expresses his satisfaction with the expanded partnership, stating, “LKQ and LeasePlan have been collaborating successfully in select countries, and we are pleased to have extended our partnership to a pan-European level. LeasePlan, as an industry leader in Car-as-a-Service, and we believe that this larger-scale collaboration offers mutual benefits to gain. Moreover, our established processes have proven to be efficient and effective, and we look forward to providing LeasePlan with our extensive expertise and knowledge in spare parts distribution and repair.”

A Shared Vision for Exceptional Automotive Aftermarket Services

Ignacio Barbadillo Llorens, Chief Operations Officer of LeasePlan, also emphasizes the significance of this collaboration, stating, “We are delighted to have reached a multi-year cooperation agreement with the leading distributor in the European automotive aftermarket. Above all, this prestigious partnership will deliver substantial local and central efficiencies, bringing significant benefits to our valued customers.”

Commitment to Customer Satisfaction and Market Leadership

LKQ Europe and LeasePlan, as industry leaders, continuously strive to improve and meet the evolving needs of their customers. This strengthened partnership further solidifies their positions as leaders in the European market. It is also reflecting their shared vision of delivering exceptional automotive aftermarket services.