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Genuine Parts sales and profit up 1% in Q2

2015-07-20 19:06:58| Automakers - Topix.net

The Atlanta-based automotive and industrial parts company said its second-quarter sales increased 1% to $3.94 billion. Profit declined 1 percent to $195.4 million, while earnings were flat at $1.28 a share.

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Genuine Parts Company Reports Sales and Earnings for the Second Quarter Ended June 30, 2015

2015-07-20 15:39:57| Auto Parts - Topix.net

This is especially the case for our Industrial business. Overall, our 1% second quarter sales increase included underlying sales growth of 2.2% and a 1.3% contribution from acquisitions, offset by an expected currency headwind of 2.7%.

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Genuine Parts buys Australian auto parts company

2015-07-17 19:18:51| Auto Parts - Topix.net

Genuine Parts Co.' s automotive distribution company GPC Asia Pacific will buy Covs Parts Pty Ltd from its parent company, Automotive Holdings Group, for an undisclosed sum.

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Canadian auto parts giant Magna to buy Getrag transmission group for $2.5B

2015-07-16 15:32:01| Automakers - Topix.net

Ontario-based auto parts maker Magna International says it will pay 1.75 billion euros for Getrag, which has about 13,500 employees and operations in nine countries in Europe, Asia and North America. Magna International Inc. has an agreement to pay about $2.5 billion Cdn to buy the Getrag Group, a German supplier of automotive transmissions for companies such as Ford, BMW, Daimler, Renault, and Volvo.

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Computers and car parts: Finding what you need has never been easier

2015-07-16 01:42:42| Auto Parts - Topix.net

Not that long ago a typewriter was the best tool for recording data and libraries kept track of books with index cards packed into wooden drawers. Obviously computers have improved productivity by letting people manipulate data faster.

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