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SYNETIQ and LKQ Euro Car Parts join forces and unveil exciting new team in the British Touring Cars Championship

 SYNETIQ, an IAA company and the UK’s leading integrated vehicle salvage and recycling company is delighted to announce its new team within the British Touring Cars Championship.

SYNETIQ and LKQ Euro Car Parts join forces and unveil exciting new team in the British Touring Cars Championship socThe new team, named “LKQ Euro Car Parts with SYNETIQ,” will be an exciting addition to the BTCC grid, fielding two cars alongside the existing Toyota Gazoo Racing UK effort under the Speedworks banner. This venture expands Speedworks’ presence in the series, running four Toyota Corollas throughout the season.

 The team’s driver lineup features seasoned BTCC contender Josh Cook, who brings a wealth of experience and a formidable track record to the newly formed team. Cook, a two-time Independents’ laurel winner, is set to pilot one of the Toyota Corollas with the aim of making a strong championship push in the upcoming season. The team’s second driver will be announced in due course.

 

Helen Carling, Commercial Director of SYNETIQ, said: 

“We’re thrilled about the new LKQ Euro Car Parts with SYNETIQ team. Many of our clients and colleagues are huge motorsports fans, so it’s a particularly proud moment for us all.”

Colin Cottrell, Marketing Director at LKQ Euro Car Parts, added: 

“This is an exciting new chapter in our BTCC story and an opportunity to build on everything we’ve learnt and achieved over the last few seasons. There’s a huge amount of passion for motorsport in our business, and among our customers, and together with SYNETIQ, we can’t wait to get behind the new team.”

The 2024 British Touring Car Championship gets underway at Donington Park on April 27-28.

 About LKQ Euro Car Parts  

LKQ Euro Car Parts is the UK’s leading distributor of car and LCV parts, specialising in three key markets – trade, retail and collision. The business has expanded rapidly across the UK and Republic of Ireland in recent years, boasting more than 280 branches and stocking more than 130,000 different parts.

LKQ Euro Car Parts is part of LKQ UK & Ireland, which in turn is part of LKQ Europe (a subsidiary of LKQ Corporation), which is the leading distributor of automotive aftermarket parts for cars, commercial vans and industrial vehicles in Europe. LKQ Europe currently employs approximately 26,000 people with a network of 1,000 branches. The organisation supplies around 100,000 independent workshops in over 20 European countries.  

About SYNETIQ

SYNETIQ Ltd., the UK-based business unit of IAA Holdings, LLC (IAA), an RB Global, Inc. company, is the leading integrated salvage, dismantling and vehicle recycling company in the UK, formed to become the most innovative and trusted business in the industry. An integrated, data-driven and innovative business, SYNETIQ has led the way in raising industry standards and continually innovates ways of working to deliver great value, ensure complete compliance and provide a positive experience. SYNETIQ is proud to have major household names in its portfolio, including insurers, accident management companies, fleets, police forces, logistics companies, vehicle repair body shops, and remanufacturers. With cutting-edge data and software solutions, multiple sites, a specialist vehicle recovery fleet and over 800 dedicated UK-based employees, customers and clients trust SYNETIQ to create bespoke solutions to deliver the maximum benefit for their business.

For more information about SYNETIQ, visit SYNETIQ.co.uk.

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Owain Griffiths

Owain Griffiths

Head of Circular Economy at Volvo Cars

Owain joined Volvo Cars in June 2021 to lead Circular Economy in the Global Sustainability Team. The company has committed to being a circular business by 2040 and has financial, recycled content and CO2 based targets for 2025, all of which Owain is working across the company to make happen. Owain previously worked for circular economy consultancy Oakdene Hollins where he advised businesses on evidence led circular economy implementation. 

Turning into a circular business and the importance of vehicle reuse and recycling.

The presentation will cover the work Volvo Cars is doing to achieve 2025 but mainly focus on the transformational work towards 2040 and the business and value chain changes being considered. Attention will be paid to the way vehicles are being dealt with at the end of life and the complexities of closing material and component loops. Opportunities and challenges which Volvo Cars is facing will be presented including engagement with 3rd parties and increasing pressure from stakeholders.

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e2e Total Loss Vehicle Management [e2e] is the UK’s only salvage and automotive recycling network with nationwide, environmentally compliant sites delivering performance resilience and service reliability to the insurance and fleet markets.  The network’s online salvage auction www.salvagemarket.co.uk drives strong salvage resale values and faster sales.  e2e’s salvage clients have access to the network’s stocks of over 5 million quality graded, warranty assured reclaimed parts. 

The power of the network model means e2e has the ability to influence industry standards and is committed to continually raising the bar whilst redefining the role and perceived value of the salvage operator.  Network members adhere to robust service level agreements, against which they are audited, in order to ensure performance consistency and a market leading customer experience.  

The salvage and recycling operating environment is evolving rapidly, and e2e is anticipating, listening and responding to changing market needs.  Regulatory compliance, ESG, reclaimed parts, customer experience, EVs, new vehicle technologies, data and reputation risk are just some of many considerations linked to the procurement of salvage services.  e2e will drive further added value to clients and members through the adoption and application of emerging technologies, continuing to differentiate its proposition and position salvage services as a professional partnership. 

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