6381380/iStock via Getty Images The Company LKQ Corporation is the world's largest provider of alternative collision replacement parts, which includes recycled parts and aftermarket parts. Basically, when a car or truck gets in an accident and the vehicle is deemed by the insurance company to be a total loss, LKQ acquires the damaged vehicle, dismantles it, refurbishes the parts as necessary, and sells the parts to repair shops (the customer) for normal repairs. For many such repairs, insurance companies co ...