Amid the virus-led uncertainty, more and more auto firms are withdrawing their annual guidance and resorting to strategic cost-cut measures in a bid to preserve financial flexibility.

The coronavirus crisis is expected to have marred Genuine Parts' (GPC) sales in Q1 due to factory closures and production shutdowns in the United States, the U.K., Europe and Canada.

Genuine Parts Company (NYSE: GPC) announced today that due to the emerging public health impact of the coronavirus outbreak (COVID-19) and to support the health and well-being of our employees, shareholders, and all our stakeholders, the Board has made the determination to change the 2020 Annual Meeting of Shareholders of Genuine Parts Company (the "Company") to a virtual only format. As previously announced, the Annual Meeting will be held on Monday, April 27, 2020 at 10:00 a.m., Eastern Time, but shareholders will not be able to physically attend the meeting.

"We believe the steps we are taking to stabilize our business in these unprecedented times will position the company for strong sales and earnings growth as we exit this global pandemic," CEO Paul Donahue says.

Genuine Parts (GPC) delivered earnings and revenue surprises of -17.86% and -0.19%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

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Genuine Parts Company (NYSE: GPC) announced today a business update in response to the impact from novel coronavirus (COVID-19). The Company has also prepared a COVID-19 deck to supplement this announcement which can be found at http://genuineparts.investorroom.com. This presentation is based on our current assessment of information available to us as of April 6, 2020.

NAPA AUTO PARTS donates $1.5 million to Intrepid Fallen Heroes Fund through the "Get Back and Give Back" Campaign.

While General Motors (GM) and BorgWarner (BWA) top first-quarter 2020 earnings estimates, Genuine Parts (GPC) falls short amid coronavirus woes.

Potential Genuine Parts Company (NYSE:GPC) shareholders may wish to note that the Director, Thomas Gallagher, recently...

Genuine Parts (GPC) withdraws 2020 guidance amid significant deterioration of the macro-economic environment triggered by the coronavirus pandemic.

Genuine Parts Company (NYSE: GPC) announced today that its shareholders, at this morning's 2020 Annual Meeting of Shareholders, elected Jean-Jacques Lafont as a new director of the Company. Additionally, Thomas C. "Tom" Gallagher has retired as a director.

Genuine Parts (GPC) scraps 2020 guidance as management expects the coronavirus pandemic and related setbacks to strain its operations in the days to come.

GPC earnings call for the period ending March 31, 2020.

Q1 2020 Genuine Parts Co Earnings Call

Genuine Parts Company (NYSE: GPC) announced today its results for the first quarter ended March 31, 2020 and provided a business update on how it is navigating through the COVID-19 pandemic.

Genuine Parts (GPC) was founded by Carlyle Fraser in 1928 with six employees and $75,000 in first year sales; after 92 years of steady progress, sales motored ahead to more than $19 billion this year, observes Ingrid Hendershot, value-oriented money manager and editor of Hendershot Investments.

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Genuine Parts (GPC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Overall first-quarter 2020 earnings and revenues for the auto sector are projected to be down 88.1% and 11.9% year over year, respectively.