LKQ Corporation has reinstated Euro Car Parts founder Sukhpal Singh Ahluwalia to its board of directors.
Joseph M. Holsten, Chairman of LKQ Corporation said: “I am pleased to welcome Sukhpal back to LKQ. His entrepreneurial dynamism, deep understanding of the European aftermarket auto parts industry and extensive contacts will benefit LKQ’s European segment.”
Mr Ahluwalia, founder and former Managing Director of Euro Car Parts Ltd (ECP), left the business earlier this year. His reappointment has wrong-footed some seasoned industry-watchers. An alternative venture named Autoparts Express (APX) involving Mr Ahluwalia, former ECP director Sukhbir Singh Kapoor and ex-Unipart Automotive CEO Mark Dixon had appeared poised to launch into UK parts distribution.
Mr. Ahluwalia said: “I am both delighted and honored to accept the invitation to be a member of the LKQ Board and to re-join my many friends and colleagues at LKQ on both sides of the Atlantic. There are many opportunities in our marketplaces, and LKQ is well-positioned to continue its growth in Europe. I look forward to playing a role in this growth.”
LKQ acquired ECP in October 2011. In addition to joining the Board of Directors of LKQ Corporation, Mr. Ahluwalia will also serve as Chairman of LKQ’s operations in the United Kingdom.