Genuine Parts Company, founded in 1928, is a global service organization engaged in the distribution of automotive and industrial replacement parts. The Company serves hundreds of thousands of customers from a network of more than 10,000 locations in across North America, Europe, and Australasia and has approximately 50,000 employees.
In 1928, Carlyle Fraser founded GPC with the purchase of Motor Parts Depot in Atlanta, Georgia for $40,000. He then renamed the parts store Genuine Parts Company. The original GPC store had annual sales of $75,000 and had only six employees. In relationship with NAPA, GPC grew its automotive business to become the largest automotive aftermarket network across the globe.
From the beginning, GPC has focused on providing its customers with quality products and swift, reliable service. The Companyhas grown organically and through acquisitions, including the addition of Motion Industries, a leading industrial distributor, in 1976. Today, Genuine Parts Company is a global service organization engaged in the distribution of automotive and industrial replacement parts with approximately 50,000 employees and over 10,000 operations in 15 countries across North America, Europe and Australasia.
Genuine Parts Company (NYSE: GPC) announced today its Board of Directors declared a regular quarterly cash dividend of eighty-nine and one-half cents ($0.895) per share on the Company's common...
Record Sales of $5.3 Billion, Up 18.6% Diluted EPS of $1.72, Up 14.7% Adjusted Diluted EPS of $1.86, Up 24.0% Raising 2022 Outlook for Revenue Growth and Diluted and Adjusted Diluted EPS Made...
Genuine Parts Company (NYSE: GPC) announced today an acquisition for its European Automotive business. Effective April 12, 2022, Alliance Automotive Group (AAG), the Company's wholly-owned...
Genuine Parts Company (NYSE: GPC) plans to release First Quarter Earnings on April 21, 2022. Management will also conduct a conference call on this date at 11:00 a.m. ET. The public may access the...
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