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LKQ's Shares Remain Attractive

Scott Pope, CFA (scott.pope@morningstar.com)

 LKQ LKQ is a leading alternative auto-parts distributor with operations in North America and Europe. It distributes includes new aftermarket parts and remanufactured and recycled parts, typically at a discount of up to 50% over original-equipment manufacturer parts. Its ability to source new products from low-cost overseas manufacturers and to obtain parts through salvaging more than 300,000 automobiles annually gives LKQ unparalleled scale of operations.