Genuine Parts is a global distributor of automotive and industrial replacement parts, operating through two core businesses. The Automotive Parts Group distributes replacement parts, accessories, tools, and equipment for a broad range of vehicles, serving primarily commercial customers — repair shops, dealerships, and fleet operators — who account for about 80% of automotive sales. In North America, GPC operates through the NAPA brand across roughly 6,900 locations, about 35% company-owned and 65% independently owned. Internationally, GPC operates through AAG in Europe and Repco and NAPA brands in Australia and New Zealand. The Industrial Parts Group (Motion Industries) distributes MRO products — bearings, fluid power components, electrical supplies, tools, and more — to manufacturers and industrial facilities across 14-plus end markets, offering over 10 million SKUs from nearly 40,000 suppliers. GPC makes money buying parts from suppliers and reselling at a margin; profitability is driven by gross margin and SG&A leverage. Demand in both segments is largely non-discretionary — broken vehicles and failed industrial equipment need repair regardless of the economic environment. Inventory availability and fulfillment speed are the primary competitive differentiators. GPC grows through bolt-on M&A, NAPA private-label expansion in Europe, commercial customer focus, and Motion's value-added services like automation and fluid power solutions. In February 2026, GPC announced plans to separate into two independent publicly traded companies — one for Global Automotive and one for Global Industrial — targeting completion in early 2027.