GPC’s industrial segment delivered strong 1Q growth — outpacing automotive — as the company advances plans to split its businesses into standalone public entities by early 2027.
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The two facilities join a network of 14 established Motion branches across Mexico.
GPC doesn’t plan to name a successor as it readies to separate its Motion and NAPA subsidiaries into standalone public companies.
GPC is combining its chairman and CEO positions to provide unified leadership for the company comprised of subsidiaries Motion and NAPA Auto Parts.
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It's Motion's third acquisition of 2025, adding a supplier of power transmission and industrial lubrication products, along with a range of services.
At Motion, Genuine Parts Company saw year-over-year and sequential sales improvements and end market growth despite continued sluggish demand and “cautious” consumers.
See which two executives joined GPC's board as independent directors while two others retired from it.
Genuine Parts Company reported modest second-quarter sales growth but lowered its 2025 outlook due to U.S. tariffs and ongoing market uncertainty.
Genuine Parts Company named a new President of North America Automotive, effective August 2025, as part of a planned leadership transition.
Though comparable sales declined year-over-year, the gap narrowed sequentially as EBITDA margin had a considerable jump from 4Q.
GPC’s 2024 results show overall sales growth driven by acquisitions and favorable currency impacts, while its industrial parts subsidiary, Motion, continues to face sales declines.
Year-over-year sales and profit continued to slide at Motion, reflecting challenges in the industrial sector.
Year-over-year sales and profit continued to slide at MRO supplies distributor Motion, though not as much as in 1Q.
Having retired at the end of May, Ted Cowie joins to reflect on evolving sales strategies during his four decades in the industry, particularly in his 10+ years at Motion.
Allied designs, makes and services industrial control panels, electro-mechanical assemblies, robotic automation and integrated solutions.
GPC will promote William Stengel to CEO in June and has completed the acquisition of Illinois-based Motor Parts & Equipment Corp.
Motion continued to see sales growth and strong renewal rates with corporate account customers, which comprise about 45% of business.
James Howe, previously EVP, CCO and CTO, was promoted to President of power transmission and MRO supplies distributor Motion.
More than a handful of MDM’s Top Distributors were well-represented on the third annual feature.