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Activist Ananym Capital urges LKQ to sell its European auto parts business

Activist Ananym Capital urges LKQ to sell its European auto parts business

Company: LKQ Corp. (LKQ) Business: LKQ engages in the distribution of replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories. The company operates through four segments: wholesale-North America, Europe, specialty, and self service. It offers bumper covers, automotive body panels, and lights, as well…

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Lucid’s Gravity SUV arrives with high expectations, and big risks

Lucid’s Gravity SUV arrives with high expectations, and big risks

Lucid Motors gets rave reviews from critics. But it’s sorely lacking customers. That’s a problem the company can’t afford. The Arizona-based EV maker has top-shelf tech, deep-pocketed backers, and highly praised cars. However, it has struggled to meet production targets, and has been unable to steal the spotlight away from established luxury brands with century-old…

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