
LKQ replaces CEO, announces Q3 losses
LKQ Corporation appoints a new CEO following disappointing third-quarter results and significant stock declines.
Teresa Moss is a person in Burnaze's franchise knowledge graph, mentioned since 2026. 16 stories link here, each summarized from the original publisher.

LKQ Corporation appoints a new CEO following disappointing third-quarter results and significant stock declines.

Penske Automotive Group enters merger agreement to be taken private

A recent Data Enhancement Gateway (DEG) inquiry set off a chain reaction, ultimately resulting in the I-CAR Repairability Technical Support (RTS) team’s development of comprehensive, industry-wide technical guidance.

Hyundai Steel Co. recently celebrated the groundbreaking of the first electric arc furnace-based integrated steel mill, with production set to begin in 2029.

A partnership between Agero and MOTER will combine roadside assistance, accident support, claims intelligence, and driver engagement into one platform, according to a press release.

LKQ expects growth in aftermarket parts with 0.5% increase in Q2

Auto Care Association spent $2.33 million on lobbying in the past year.

Ford has rehired more than 300 engineers, some former employees, after AI failed to provide the same quality, according to information first reported by Bloomberg.

The EPA's recognition of SEMA as a certification authority impacts independent repairers and branded service centers regarding the 'Freedom to Fix' and access to service information.
The Society of Collision Repair Specialists will host regulatory updates from KPA and AASPI at its July open meeting for collision repair professionals.

Snap-on has acquired Diesel Laptop, expanding its diagnostic and repair information capabilities in heavy-duty and equipment markets.

The U.S. Department of Commerce's decision to cap tariffs on Taiwanese auto parts provides relief for franchise collision repair networks and aftermarket parts distributors.

New data shows a significant increase in vehicle calibration requirements, highlighting a growing technical demand for collision repair franchises and multi-unit operators.

Hyundai has recalled more than 400,000 vehicles due to a software issue that may activate the brakes unexpectedly, according to a National Highway Traffic Safety Administration (NHTSA) report.

The parts distributor reached a new milestone in alternative parts usage while noting the successful renewal of several multi-shop operator contracts.

New data from PartsTrader indicates that OEM and recycled parts prices are rising while aftermarket parts pricing has remained relatively stable for collision repairers.