LKQ Corporation · Chicago, IL United States ·(NASDAQ (GS): LKQX)

Ever wonder what happens to a car once the insurance company declares it "totaled"? Enter LKQ. An acquisitive nationwide recycler of damaged cars, LKQ buys wrecked cars (popular models such as the Honda Accord, Toyota Camry, and Ford Explorer) at auction and salvages reusable parts including engines, front-end assemblies, doors, and fenders. It then distributes those parts to collision repair and mechanical repair shops; mechanical parts that can't be reused are sold as-is to parts reconditioners and items such as fluids, batteries, and tires are marketed to other recyclers. LKQ, which also distributes supplies to paint and body shops, operates from about 300 locations across North America. To read the full description, subscribe now.