The founder of Euro Car Parts is leaving amid a dispute with its American owner about cost-cutting plans, Sky News learns. The founder and top executive team at Britain’s biggest aftermarket car parts distributor have quit amid concerns that its American parent company is drawing up plans to cull hundreds of UK jobs.
What happened to Euro Car Parts website?
The century-old Andrew Page brand is to be dropped as owner LKQ Europe rebrands its UK factors under a single identity. Both Andrew Page and Euro Car Parts will rebrand as ‘LKQ Euro Car Parts’ as part of a phased roll-out.
How much did Euro Car Parts sell?
Today, Euro Car Parts is the largest independent car and van parts distributor in the UK. Ahluwalia sold it for £225m in 2011 and initially stayed on a two-year £55m performance related target to grow the company further.
Is Andrew on Euro Car Parts?
Andrew Page is no more. The Euro Car Parts and Andrew Page businesses are to rebrand as ‘LKQ Euro Car Parts’, with recently-merged Andrew Page and ECP branches among the first to be getting new LKQ Euro Car Parts fascia. … There are no current plans to change the LKQ Coatings and Arleigh International brands.
Can I collect car parts during lockdown?
While the collection, delivery and distribution of vehicles and parts remains permitted, this must be carried out in compliance with current Coronavirus / COVID- 19 precautions. Travel for work purposes is permitted, but only where work cannot be carried out from home.
How did Euro Car Parts start?
The company was founded by Sukhpal Singh Ahluwalia when he opened a motor parts shop in Willesden, London, in 1978. The business was originally established to supply parts for BMW, Mercedes-Benz, Porsche and Volkswagen models. October 2011, The company was sold to LKQ Corporation of Chicago, for £995 million.
How many stores does Euro Car Parts have?
200+ Stores NationwideEuro Car Parts has 200+ stores nationwide with over 130,000 car parts in stock for immediate collection today, all at discounted prices with up to 70% savings on dealer prices.