A Look at LKQ: Company processed 700k+ vehicles in 2022, sold 13 million parts
Chicago, Illinois — LKQ Corporation released its 2022 Global Sustainability Report this week, in which the aftermarket salvage giant says it processed 770,000 vehicles in 2022, recycling 97 million pounds of aluminum, nearly seven million pounds of copper and more than 123 million pounds of scrap steel. According to data in the Sustainability Report, LKQ […]
Glory to OARA: Recycler convention and trade show held in Mississauga, Ont.
Mississauga, Ontario — Various verticals of the automotive industry were in Mississauga for the Ontario Automotive Recyclers Association (OARA) annual Convention and Trade Show, which saw more than 400 attendees—not including the last-minute registrations at the venue. While OARA did not officially kick off until Friday morning, plenty of delegates arrived a day early for […]
Tuesday Ticker: Rivian, VINFast reveal layoffs; Canadian Tire shares climb 12 percent year-to-date
Toronto, Ontario — This week, two electric vehicle makers announce job cuts in the North American market while Canadian Tire revives its share prices. Relieved from Rivian Rivian is laying off six percent of its workforce, CEO R.J. Scaringe announced in an email to employees last week. Analysts suspect the layoffs to be prompted by […]
We’ll Miss You, Mary: Mary Poirier to step down as Recording Secretary for ARC; Corey Earl joins Board
Ottawa, Ontario — After serving on the Automotive Recyclers of Canada’s (ARC) national Board of Directors for 13 years, Mary Poirier from Valley Automotive in Pembroke Ontario is stepping down after an incredible run of service. Mary was appointed to the Board of ARC as one of the Ontario representatives in 2009 and has held the […]
