After releasing more than 4,000 new products in 2022, Dorman announces 400 new repair solutions in January 2023

Rhea-AI Summary

Dorman Products, Inc. (NASDAQ:DORM) announced the release of 400 new motor vehicle parts, including 150 first-to-the-aftermarket items. This initiative aligns with Dorman's commitment to innovation, having launched over 4,000 new products in 2022. The new offerings include OE FIX repair solutions designed to enhance reliability and save costs for repair professionals and vehicle owners. Notable products include a cost-effective liftgate handle trim kit for Nissan Pathfinder SUVs, new heater hose assemblies for Ford vehicles, and aftermarket-exclusive brake backing plates for Cadillac, Chevrolet, and GMC.

Positive

• Launch of 400 new motor vehicle parts, including 150 first-to-the-aftermarket items.
• Expanding OE FIX line with innovative solutions that save time and money.
• Potential for over one million repair opportunities with new product releases.

Negative

• None.

COLMAR, Pa., Jan. 13, 2023 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (NASDAQ:DORM), a leading aftermarket vehicle parts supplier, announced today the release of 400 new motor vehicle parts, 150 of which are first-to-the-aftermarket. These new releases continue Dorman’s industry-leading innovation that delivered more than 4,000 new products in 2022 alone.

All these new products advance Dorman’s mission of providing repair professionals and vehicle owners greater freedom to fix passenger, commercial, and recreational vehicles with internal combustion, hybrid, and electric powertrains. Among the new releases this month are several innovative Dorman OE FIX™ repair solutions designed to help save time, save money, and increase reliability.

New this month is a cost-saving OE FIX liftgate handle trim kit (97943) for more than half a million 2013-2019 Nissan Pathfinder SUVs. The tailgate trim on many of those vehicles tends to crack easily in cold weather or from collision impact, and the chrome veneer can become unsightly when it peels off. The Nissan factory replacement trim piece comes in several configurations and is costly, whether the vehicle is equipped with a backup camera or not. This Dorman tailgate applique offers a high-quality, less expensive alternative that looks just like the factory trim piece and is simple to install. Thanks to a creative removable panel, it is designed to be used with the existing hatch release button or backup camera if so equipped, and can restore the appearance of the tailgate trim without purchasing unnecessary additional replacement parts.

Dorman continues to grow its comprehensive line of OE FIX heater hose assemblies, engineering aluminum connectors in place of the original equipment plastic connectors that tend to develop cracks and leaks over time. This month, two new assemblies, 626-763 for 2011-2014 Ford F-150 and Lincoln Mark LT pickup trucks, and 626-752 for 2010-2013 Ford Transit vans, offer more than a combined one million repair opportunities. Like all Dorman’s OE FIX hose assemblies, these new parts include the clamps, brackets and protective coverings installers need for a more convenient and reliable repair.

The company is also adding to its growing lineup of loaded brake backing plates with new, aftermarket-exclusive coverage for almost 2 million 2011-2012 Cadillac, Chevrolet, and GMC vehicles (926-267). Dorman loaded backing plates are pre-assembled with the components required to make a complete parking brake repair and are designed to eliminate the frustrating, unpredictable work required to replace individual corroded components.

Other new product highlights for January 2023 include:

• An OE FIX flexible stainless steel braided fuel line for 2006-2009 Chevrolet Equinox and Pontiac Torrent vehicles (819-813). Original-style hard fuel lines can be tough to route under these vehicles; Dorman OE FIX lines are stainless steel over flexible PTFE tubing, made to specific length, with new brackets and factory connectors for the easiest possible installation.
• Two new first-to-aftermarket hub rotor and caliper bracket bolt kits designed to fit more than a combined one million Ford vehicles. The hardware in these convenient kits (966-005 and 966-006) is engineered to match the original equipment bolt design and stretch when torqued to provide specified clamping force.

These are just a few of Dorman’s 400 featured new product releases this month. To sign up to receive all of Dorman’s new product announcements directly every month, visit DormanProducts.com/signup. To learn more about Dorman, take the Dorman Virtual Tour at DormanProducts.com/tour.

Note: Vehicle-in-Operation (VIO) information in this press release is based on Dorman’s analysis of third-party reports.

Contacts

• Marketing: Steve Gisondi, Vice President of Marketing
  sgisondi@dormanproducts.com

• Investor Relations: Michael P. Dickerson, Vice President, Investor Relations & Risk Management
  mdickerson@dormanproducts.com

About Dorman Products

Dorman gives repair professionals, enthusiasts, and owners greater freedom to fix motor vehicles. For over 100 years, we have been driving new solutions, releasing tens of thousands of aftermarket replacement products engineered to save time and money, and increase convenience and reliability.

Founded and headquartered in the United States, we are a pioneering global organization offering an always-evolving catalog of products, covering cars, trucks, and specialty vehicles, from chassis to body, from underhood to undercarriage, and from hardware to complex electronics. See our full offering and learn more at DormanProducts.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current expectations that involve a number of known and unknown risks, uncertainties, and other factors (many of which are outside of our control) which may cause actual events to be materially different from those expressed or implied by such forward-looking statements. For additional information concerning factors that could cause actual results to differ materially from the information contained in this press release, please see Dorman’s prior press releases and filings with the U.S. Securities and Exchange Commission (“SEC”), including Dorman’s most recent annual report on Form 10-K and its subsequent SEC filings. Dorman is under no obligation to (and expressly disclaims any such obligation to) update any of the information in this press release if any forward-looking statement later turns out to be inaccurate whether as a result of new information, future events or otherwise.

FAQ

What new products were announced by Dorman Products in January 2023?

Dorman Products announced 400 new motor vehicle parts in January 2023, including 150 first-to-the-aftermarket items.

How many new products did Dorman launch in 2022?

Dorman launched over 4,000 new products in 2022.

What is the significance of the OE FIX liftgate handle trim kit?

The OE FIX liftgate handle trim kit offers a cost-effective alternative for Nissan Pathfinder SUVs, designed to be easy to install and restore the appearance of the tailgate.

What types of vehicles do the new Dorman products cover?

The new Dorman products cover a range of passenger, commercial, and recreational vehicles, including models by Ford, Nissan, Cadillac, Chevrolet, and GMC.

What are the benefits of Dorman’s OE FIX heater hose assemblies?

Dorman’s OE FIX heater hose assemblies feature aluminum connectors that replace vulnerable plastic ones, aiming to reduce cracks and leaks.