The decision comes at a volatile time for the automotive business, which is grappling with high costs, economic uncertainty and affordability challenges for consumers.
February 17, 2026Business
Genuine Parts Expands to Europe With Purchase of Alliance Automotive Group
Genuine Parts Co. has agreed to buy Alliance Automotive Group, a leading distributor of vehicle parts, tools and equipment in Europe, for $2 billion from Blackstone Private Equity and a management group that has owned the company since 2014.
October 2, 2017