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LKQ Corporation Announces Exclusive Distribution Agreement with GUNIWHEEL

May 7, 2019

CHICAGO--(BUSINESS WIRE)--May 7, 2019--LKQ Corporation has reached an agreement with GUNIWHEEL LLC for the exclusive distribution of the GUNIWHEEL System for North America and Europe.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190507005923/en/

Revolutionary new GUNIWHEEL45, enables collision and repair shops, towing companies, and enthusiasts to easily move a vehicle with damaged or missing wheels (Photo: Business Wire)

GUNIWHEEL, based in Alpharetta, Georgia, manufactures a revolutionary new product for collision repair shops, mechanical repair shops, towing companies, and automotive enthusiasts. The GUNIWHEEL45 is a universal four and five lug bolt pattern transport wheel, with accompanying accessories, that can be used as an alternative method to other cumbersome temporary jack stands or lifts. When a vehicle has damaged or missing wheels, the use of GUNIWHEELS provides a temporary wheel for the vehicle to function, while enabling it to move safely and freely through the repair process. GUNIWHEEL provides a cost-effective solution to a common problem faced by numerous automotive businesses and car enthusiast. By incorporating GUNIWHEEL, automotive businesses can increase production and improve vehicle on time delivery by keeping the vehicle mobile throughout the repair process. “Our team discovered this product at the 2018 SEMA show and we knew this was a perfect fit for the LKQ distribution network, for both our North American and European businesses,” said Terry Fortner, Vice President of Sales and Marketing at LKQ Corporation.

Sergio Rovito, President of GUNIWHEEL stated, “As a small manufacturer of a solution-based product, what better distribution partner could we have found than LKQ with their extensive sales and distribution capabilities? We knew after our first meeting that this was going to be something special for both companies. It is great to see that a company the size of LKQ willing to partner with entrepreneurial startups, this told me a lot about the organization.”

GUNIWHEEL product video link: https://www.youtube.com/watch?time_continue=5&v=sssDv1SLG2w.

Product Availability

GUNIWHEEL product is currently available in the United States in limited markets with inventory expansion planned throughout North America by August 2019. GUNIWHEEL will be sold through LKQ’s Keystone Automotive subsidiary with more than 170 North American distribution locations. European distribution is slated to begin in 2020.

About LKQ Corporation

LKQ Corporation ( www.lkqcorp.com ) is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. LKQ has operations in North America, Europe and Taiwan. LKQ offers its customers a broad range of replacement systems, components, equipment and parts to repair and accessorize automobiles, trucks, and recreational and performance vehicles.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190507005923/en/

CONTACT: Tim Apodaca

twapodaca@LKQCORP.com

KEYWORD: UNITED STATES EUROPE NORTH AMERICA CANADA GEORGIA ILLINOIS

INDUSTRY KEYWORD: MANUFACTURING AUTOMOTIVE MANUFACTURING ENGINEERING OTHER MANUFACTURING AUTOMOTIVE OTHER AUTOMOTIVE GENERAL AUTOMOTIVE

SOURCE: LKQ Corporation

Copyright Business Wire 2019.

PUB: 05/07/2019 01:27 PM/DISC: 05/07/2019 01:27 PM

http://www.businesswire.com/news/home/20190507005923/en

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