Genuine Parts Company
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$103.75
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$103.74
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$103.82
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$103.39
Market Snapshot
$14.28B
237.6
6.50
$23.49B
Genuine Parts Co. engages in the distribution of automotive and industrial replacement parts. The company is headquartered in Atlanta, Georgia and currently employs 65,000 full-time employees. The Company’s segments include Automotive Parts Group (Automotive) and Industrial Parts Group (Industrial). The Automotive segment distributes replacement parts (other than collision parts) for all makes and models of automobiles, trucks, and other vehicles in North America, Europe and Australasia. Its main automotive customers are repair and maintenance shops, and its main industrial customers are businesses operating distribution, manufacturing and production equipment. The Industrial segment distributes a wide variety of industrial bearings, mechanical and fluid power transmission equipment, including hydraulic and pneumatic products, material handling components and related parts and supplies. Its industrial business offers replacement parts and solutions to maintenance, repair and operation (MRO) customers and original equipment manufacturer (OEM) customers.
Genuine Parts Company is initiating a split into two separate entities to enhance value, addressing concerns related to costs and dividend strategies within the automotive industry.
Genuine Parts Co. engages in the distribution of automotive and industrial replacement parts. The company is headquartered in Atlanta, Georgia and currently employs 65,000 full-time employees. The Company’s segments include Automotive Parts Group (Automotive) and Industrial Parts Group (Industrial). The Automotive segment distributes replacement parts (other than collision parts) for all makes and models of automobiles, trucks, and other vehicles in North America, Europe and Australasia. Its main automotive customers are repair and maintenance shops, and its main industrial customers are businesses operating distribution, manufacturing and production equipment. The Industrial segment distributes a wide variety of industrial bearings, mechanical and fluid power transmission equipment, including hydraulic and pneumatic products, material handling components and related parts and supplies. Its industrial business offers replacement parts and solutions to maintenance, repair and operation (MRO) customers and original equipment manufacturer (OEM) customers.
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