STOCK TITAN

Dorman Announces 689 New Products for January, Including 248 Exclusive Solutions

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Dorman Products (NASDAQ:DORM) has launched 689 new auto parts, including 248 aftermarket solutions designed to enhance repair options for vehicle owners. Key offerings include an OE FIX power transfer unit for over 2.3 million Ford, Lincoln, and Mercury vehicles, aimed at addressing lubrication failures in extreme temperatures. Additional products feature a manual transmission shift tower for Jeep Wranglers and pre-pressed axles for aging Toyota Tacoma trucks. These innovations support Dorman's commitment to providing reliable aftermarket choices for common vehicle failures.

Positive
  • Launch of 689 new auto parts, expanding aftermarket offerings.
  • OE FIX power transfer unit addresses reliability issues in extreme temperatures for over 2.3 million vehicles.
  • New manual transmission shift tower enhances performance for Jeep Wrangler drivers.
  • Pre-pressed axles for Toyota Tacoma save repair time and costs.
Negative
  • None.

Highlights:

  • A Dorman® OE FIX™ power transfer unit assembly with improved resistance to temperature extremes, designed to fit more than two million Ford, Lincoln and Mercury vehicles
  • An upgraded OE FIX manual transmission shift tower for almost two million Jeep Wrangler vehicles equipped with six-speed transmissions
  • OE FIX pre-pressed axles for 1.4 million aging Toyota Tacoma pickup trucks

COLMAR, Pa., Jan. 12, 2022 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (NASDAQ:DORM) is announcing today the release of 689 new auto parts, including 248 new-to-the-aftermarket parts that advance the company’s mission to give repair professionals and vehicle owners greater freedom to fix a wide range of cars and trucks.

Dorman continues to provide consumers an aftermarket choice for common failures on millions of vehicles. One of the latest examples is a new Dorman OE FIX power transfer unit assembly (600-234XD), designed to fit more than 2.3 million Ford, Lincoln and Mercury vehicles. The factory assembly on certain Ford, Lincoln and Mercury vehicles can fail when extreme temperatures cause internal lubrication issues. When the lubricant overheats, it can cause catastrophic failures, also making it nearly impossible to salvage and rebuild it. In extreme cold, the factory seals fail and cause oil to leak from the unit. This Dorman OE FIX power transfer unit assembly has been redesigned for greater resilience to thermal extremes, with an added patented heatshield to reduce internal temperatures, and a drain plug for easier servicing of the gearbox lubricant. It also includes upgraded seals to prevent premature degradation in extreme cold temperatures, providing an all-around more reliable replacement.

January’s new solutions also include an OE FIX manual transmission shift tower (697-024) for almost two million Jeep Wrangler vehicles equipped with six-speed transmissions. Jeep Wranglers with the NSG370 manual transmission may experience issues with the shifter popping out of gear, especially over rough terrain. This innovative Dorman OE FIX shift tower is designed to help prevent this issue and provide predictably firm, positive shift. Engineered for straightforward installation, it comes complete with the shift tower, tower-to-case gasket, and cabin gasket for a complete replacement of the critical components

Extending its coverage in labor-saving, pre-assembled aftermarket solutions, Dorman is introducing OE FIX pre-pressed axles for 1.4 million aging Toyota Tacoma pickup trucks (926-139 and 926-140). The unique press-fit design on Tacoma rear axles requires a shop press and extra time to fix a wheel bearing or corroded backing plate. These Dorman OE FIX loaded axles come ready to install with all the components already pressed, saving hours on repairs.

These three new products join Dorman’s growing family of hundreds of OE FIX solutions engineered to improve upon OEM designs, reduce repair time, or save cost.

Other highlights from this month’s new product announcement include these four aftermarket-exclusive parts:

  • Two new transmission oil cooler lines for Ford, Lincoln and Mercury vehicles (624-642) and Dodge Ram pickup trucks (624-627), increasing Dorman’s industry-leading coverage in this aftermarket part category
  • A hood release cable assembly (912-487) designed to fit half a million Jeep Renegade vehicles and offer a cost-effective alternative to the dealership replacement assembly
  • Rear brake backing plates (924-234) for over 1.8 million Chevrolet, GMC and Hummer vehicles, engineered to replace original plates that may rust and fail prematurely
  • An engine valve cover (264-904) for more than 2.2 million Chevrolet, GMC and Buick vehicles, extending Dorman’s coverage in this growing aftermarket part category

These are just a few of Dorman’s 689 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

About Dorman Products
Dorman gives repair professionals and vehicle owners greater freedom to fix cars and trucks. For over 100 years, we have been driving new solutions for the automotive aftermarket, releasing tens of thousands of 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 parts, covering both light duty and heavy-duty vehicles, from chassis to body, from underhood to undercar, 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.

Visit Dorman’s website at www.dormanproducts.com. The Investor Relations section of the website contains a significant amount of information about Dorman, including financial and other information for investors. Dorman encourages investors to visit its website to view new and updated information.

 


FAQ

What new products did Dorman announce on January 12, 2022?

Dorman announced 689 new auto parts, including OE FIX solutions for Ford, Jeep, and Toyota vehicles.

How does Dorman's new OE FIX power transfer unit improve vehicle reliability?

The OE FIX power transfer unit includes a patented heatshield and upgraded seals to prevent lubrication failure in extreme temperatures.

Which vehicles are compatible with Dorman's upgraded manual transmission shift tower?

The shift tower is designed for nearly two million Jeep Wrangler vehicles equipped with six-speed transmissions.

What benefit do Dorman's pre-pressed axles provide for Toyota Tacoma owners?

Dorman's pre-pressed axles reduce repair time by coming ready to install, eliminating the need for a shop press.

Dorman Products, Inc. New

NASDAQ:DORM

DORM Rankings

DORM Latest News

DORM Stock Data

3.98B
25.72M
15.59%
80.51%
1.26%
Auto Parts
Motor Vehicle Parts & Accessories
Link
United States of America
COLMAR