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Genuine Parts Company

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Genuine Parts regularly undertakes investments and acquisitions to improve product offerings and expand the geographical footprint. In September, the company has made the announcement of acquisitions for its Industrial Group and its U.S. Automotive Parts Group. This is likely to enhance the industrial offerings of the company as well raise its capability to expand its automotive footprint in the United States. For 2018, Genuine Parts has raised its guidance. This rise in expectation is due to an improving sales environment in the United States, increased sales from retail customers and better weather conditions combined with the company’s continuing initiatives to offer value-added services for both the existing and new commercial customers. Over the past year, shares of Genuine Parts outperformed the industry it belongs to.

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