In the past months, the company has been implementing pricing initiatives and strategic sourcing programs to perk up slowing sales in its U.S. automotive...
- Automotive parts distributor Genuine Parts raised its 2024 profit forecast on Thursday, hinging on strong demand for parts and improving automotive sales in the United States.
In the past months, the company has been implementing pricing initiatives and strategic sourcing programs to perk up slowing sales in its U.S. automotive segment that was hurt by high costs and other inflationary pressures.
Automotive Parts Strategic Sourcing
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