Dorman Launches 400+ New Motor Vehicle Repair Solutions, Rapidly Expanding Coverage for SUVs, EVs and Heavy-Duty Trucks

Rhea-AI Summary

Dorman Products, Inc. (NASDAQ:DORM) has announced the release of over 400 new aftermarket vehicle parts, with nearly half being exclusive to the aftermarket. This expansion includes innovations across various categories, including 18 new OE FIX solutions. Notable new products include an upgraded aluminum thermostat housing for popular Chrysler models and new turbocharger components covering 5.5 million Ford trucks. The company is also enhancing its heavy-duty product line following its acquisition of Dayton Parts, introducing numerous sensors covering over 2 million vehicles.

Positive

• Introduction of over 400 new aftermarket vehicle parts, expanding product availability.
• Launch of 18 OE FIX solutions enhancing reliability for vehicle repairs.
• Upgraded aluminum thermostat housing improves durability and prevents leaks.
• Expansion in heavy-duty products post-Dayton Parts acquisition, increasing market competitiveness.

Negative

• None.

COLMAR, Pa., Oct. 14, 2022 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (NASDAQ:DORM) is announcing the release of more than 400 new motor vehicle parts, almost half of which are first-to-the-aftermarket exclusives. The new products join a growing catalog of 118,000+ aftermarket solutions that advance Dorman’s mission of giving repair professionals and owners greater freedom to fix passenger, commercial, and recreational vehicles with internal combustion, hybrid, and electric powertrains.

The company’s roster of innovative Dorman® OE FIX™ repair solutions is also growing by eighteen new products designed to help save time, save money, or increase reliability. This month features an OE FIX upgraded aluminum thermostat housing assembly (902-3035HP) engineered to match the fit and function of the original equipment plastic housing on more than one million 2011-2022 Chrysler 300, Dodge Challenger, and Dodge Charger models on the road today. The new design’s aluminum construction better withstands underhood temperature extremes, resists corrosion, helps prevent future leaks, and provides increased coolant system protection. Like many OE FIX solutions, the concept for the improved housing originated with Dorman’s Ideation Team, a North American grassroots network composed of thousands of service technicians, retail counter staff, and fleet managers.

Dorman already offers the largest selection in the aftermarket of direct replacements for failure-prone factory turbocharger accessories, offering 500+ repair solutions including cartridges, boost solenoids, exhaust clamps and more. Reinforcing that aftermarket-leading position, the company is introducing six new high-demand turbo components. They include oil return and feed lines (667-533 and 667-537), EGR cooler, Engine air intake, and diesel fuel injector hoses (626-703, 696-324, and 904-952), and an evaporative emissions (EVAP) purge valve (994-917). The new components cover a combined total of 5.5 million Ford trucks as well as hardworking Mercedes-Benz and Freightliner Sprinter vans widely used in “last-mile” delivery fleets.

Technicians and DIYers can also look to Dorman as their single source for direct replacement automotive bulb sockets for many of the most popular cars and trucks in North America. This month’s releases include a tail lamp bulb socket (645-125) designed to replace the factory socket on more than 8 million aging Ford, Lincoln, and Mercury vehicles.

Similarly, Dorman continues to be a major force in both direct-replacement and upgraded wheel hardware, door lock actuators, and windshield wiper motor/transmission assemblies. This month, new products in those categories are being released that offer repair coverage for a combined 9+ million vehicles (details below).

Dorman’s recent successful acquisition and integration of the renowned Dayton Parts brand has helped propel Dayton to the forefront of the aftermarket in heavy duty (HD) repair solutions. This month marks a historic high number of new HD product releases, including dozens of in-demand pressure sensors for air conditioning (ACP sensors), exhaust back pressure (EBP sensors), differential pressure (DPS sensors), liquid fuel (LFS sensors) and more.

“We are developing the most popular line of sensors for heavy trucks on the North American road today. This month’s sensor introductions alone cover more than two million vehicles, and we’re just getting started,” declares Dorman Product Manager Hailey Hartwick.

Additional new replacement parts reflect Dorman’s rapidly growing line of solutions for repairs above and below the chassis of Class 7 and Class 8 trucks, including an OE FIX exhaust gas temperature (EGT) sensor (904-7439) designed to match the factory sensor on 2018-2020 Volvo VNL engines. When the original sensor is removed, the sensor bung is easily damaged. This sensor includes a bung repair kit, a factory-style connector that requires no splicing or adapters, and a stainless steel housing with platinum sensor element for accurate performance.

Other new product highlights for October 2022 include:

• Four windshield wiper transmission and motor assemblies, extending Dorman’s leadership in coverage in a category that boasts hundreds of assemblies covering millions of vehicle applications. These solutions include both the windshield wiper motor and the transmission and linkage as one unit, because replacing the entire assembly in one job reduces labor time and ensures accurate reassembly. The four new products cover a combined 5+ million Chevrolet, Cadillac, GMC, Saturn vehicles (602-272AS, 602-203AS, 602-825AS), and Jeep SUVs (602-107AS).
• Two convenient aftermarket-exclusive serrated wheel stud offerings that eliminate the hassle of sourcing individual hardware for select 2019-2022 Ford Super Duty (610-623) and 2020-2022 Ford Explorer/Police Interceptor Utility and Lincoln Aviator models (610-665).
• A first-to-aftermarket liftgate lock actuator with an integrated cinch latch (931-273) designed to match the fit and function of the original actuator on 1.4 million late-model Ford and Lincoln SUVs.
• A cost-effective twin pack of variable valve timing solenoid gaskets (263-155) engineered to replace frequently worn and cracked factory gaskets on almost 10 million 2011-2020 Ford and Lincoln vehicles.

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: David Hession, Senior Vice President and Chief Financial Officer
  dhession@dormanproducts.com

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 motor vehicle 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 light-, medium-, 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.

FAQ

What are the new products launched by Dorman Products in October 2022?

Dorman Products launched over 400 new aftermarket vehicle parts, including an upgraded aluminum thermostat housing and new turbocharger components.

How many exclusive parts did Dorman introduce in October 2022?

Almost half of the newly launched products are first-to-the-aftermarket exclusives.

What is the significance of the acquisition of Dayton Parts for Dorman?

The acquisition of Dayton Parts has strengthened Dorman's position in the heavy-duty market, leading to a historic number of new product releases.

How many vehicles are covered by Dorman's new sensors?

The new sensor introductions cover over 2 million vehicles.

What does Dorman's OE FIX solutions aim to achieve?

Dorman's OE FIX solutions are designed to save time and money while increasing reliability in vehicle repairs.