Genuine Parts Company

Genuine Parts Company

Distributes automotive and industrial replacement parts

About Genuine Parts Company

Simplify's Rating
Why Genuine Parts Company is rated
B+
Rated A on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Automotive & Transportation

Industrial & Manufacturing

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Atlanta, Georgia

Founded

1925

Overview

Genuine Parts Company distributes automotive and industrial replacement parts globally. It operates through two main segments: the Automotive Parts Group, which serves markets in North America and parts of Europe, and the Industrial Parts Group, which caters to customers in North America and Australasia. The company has a large network of over 10,700 locations in 17 countries and employs more than 60,000 people. Its business model focuses on providing high-quality parts and value-added solutions to automotive repair shops, industrial manufacturers, and service providers. Genuine Parts Company stands out from competitors due to its extensive distribution network and strong relationships with suppliers. The company's goal is to deliver reliable replacement parts and solutions to meet the diverse needs of its clients.

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Simplify's Take

What believers are saying

  • Increased demand for EV parts boosts growth in the automotive replacement market.
  • E-commerce rise offers expansion opportunities for Genuine Parts Company's online sales channels.
  • Predictive maintenance trend increases demand for high-quality parts and solutions.

What critics are saying

  • E-commerce platforms like Amazon may erode Genuine Parts Company's market share.
  • EVs require fewer replacement parts, posing a risk to Genuine Parts Company.
  • Semiconductor shortage may reduce demand for replacement parts due to slowed vehicle production.

What makes Genuine Parts Company unique

  • Genuine Parts Company operates in 17 countries with over 10,700 locations.
  • The company has a strong supplier network and value-added solutions for clients.
  • Genuine Parts Company serves both automotive and industrial sectors globally.

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Benefits

Health Insurance

401(k) Company Match

Company News

MarketBeat
Mar 20th, 2025
Enhancing Capital LLC Makes New $305,000 Investment in Genuine Parts (NYSE:GPC)

Enhancing Capital LLC makes new $305,000 investment in Genuine Parts (NYSE:GPC).

Trade Show News
Feb 26th, 2025
Genuine Parts Company to Present at the UBS Global Consumer and Retail Conference

Genuine Parts Company to present at the UBS Global Consumer and Retail Conference.

MarketBeat
Feb 19th, 2025
Bank of Jackson Hole Trust Invests $413,000 in Genuine Parts (NYSE:GPC)

Bank of Jackson Hole Trust invests $413,000 in Genuine Parts (NYSE:GPC).

MarketBeat
Feb 12th, 2025
Stoneridge Investment Partners LLC Invests $3.36 Million in Genuine Parts (NYSE:GPC)

Stoneridge Investment Partners LLC invests $3.36 million in Genuine Parts (NYSE:GPC).

MarketBeat
Feb 9th, 2025
Robinson Value Management Ltd. Makes New Investment in Genuine Parts (NYSE:GPC)

Robinson Value Management Ltd. makes new investment in Genuine Parts (NYSE:GPC).

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