Dorman Products expands its catalog of cost-saving and aftermarket-exclusive repair solutions
Dorman Products (NASDAQ: DORM) has unveiled hundreds of new aftermarket automotive components and assemblies, expanding its catalog to over 120,000 SKUs. This extensive range provides numerous repair and sales opportunities across North America. Key highlights include ten new Dorman® OE FIX™ innovations designed to save customers time, money, and labor. Notable products are an upgraded electronic throttle body for Chevrolet and GMC vehicles featuring SensorShield™ technology, a power steering fluid cooler with a robust design for General Motors vehicles, and various first-to-market components for popular models such as Nissan Altima, Jeep Wrangler, and Ford vehicles. These additions reflect Dorman's commitment to providing cost-effective, high-performance aftermarket solutions.
- Dorman Products has expanded its catalog to over 120,000 SKUs, increasing the diversity of repair solutions.
- Introduction of ten new Dorman® OE FIX™ innovations to save time, money, and labor for customers.
- New products include advanced components like an electronic throttle body with SensorShield™ technology for Chevrolet and GMC vehicles.
- Dorman remains a leader in aftermarket fluid coolers, introducing a robust power steering fluid cooler for General Motors vehicles.
- First-to-aftermarket products for popular models like Nissan Altima, Jeep Wrangler, and Ford vehicles enhance Dorman’s market position.
- The new product line includes parts for both passenger and commercial vehicles, broadening Dorman’s market reach.
- No explicit financial data or revenue projections provided in the press release.
- Potential risk of oversaturation in the aftermarket automotive parts market with over 120,000 SKUs.
- The efficacy and longevity of new products like SensorShield™ technology remain unproven in long-term real-world applications.
COLMAR, Pa., May 15, 2024 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (NASDAQ:DORM) is announcing today the release of hundreds of new aftermarket automotive components and assemblies.
The new products add to an expansive catalog of more than 120,000 SKUs, a depth and diversity of coverage offering millions of new sales and repair opportunities for customers throughout North America.
Noteworthy among the hundreds of releases are ten Dorman® OE FIX™ innovations, adding to this flagship line of parts designed to save time, money and labor. More than 2,000 OE FIX products offer a level of performance and convenience that customers may not be able to obtain from a dealership.
The list of new OE FIX parts includes:
- An upgraded electronic throttle body for popular Chevrolet and GMC vehicles, featuring SensorShield™, a proprietary shaft seal designed to prevent the intrusion of contaminants that can sometimes cause the failure of the factory throttle body. Dorman offers more than 150 electronic throttle bodies and related components.
- A power steering fluid cooler with a robust, stacked-fin design enhancement that can help ensure greater durability and longer service life on specified late-model General Motors vehicles. Offering hundreds of fluid coolers, Dorman is one of the aftermarket leaders in this category.
Additional first-to-aftermarket highlights include:
- An integrated trunk lid lock actuator designed to match the performance of the original equipment actuator on select Nissan Altima and Maxima sedans. Dorman offers more than 1,200 door lock actuators, providing coverage for millions of cars and trucks.
- Two high-demand products designed to match the performance of the OE components on certain Jeep Wrangler and Jeep Cherokee SUVs. A shock absorber hardware kit and left- and right-side rear knuckles expand Dorman’s list of parts, kits and assemblies for these popular vehicles.
- Three turbo lines designed to match the performance of the OE lines on almost two million specified Ford cars, trucks and SUVs. Dorman manufactures one of the aftermarket’s most comprehensive array of turbochargers and related components.
- An exhaust manifold hardware kit, offering fleets a convenient and cost-effective way to purchase the nuts and studs required to secure the manifold on millions of commercial vans, trucks and police utility SUVs.
These are just a few of Dorman’s recent new product releases, which include replacement components and assemblies for passenger and commercial vehicles of every type and powertrain.
Visit DormanProducts.com/signup to sign up for all of Dorman’s new product announcements, and learn more about Dorman on our 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, Chief Financial Officer
dhession@dormanproducts.com
About Dorman Products
Dorman gives repair professionals, enthusiasts, and owners greater freedom to fix motor vehicles. For over one hundred years, we have been driving new repair 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. Words such as “may,” “will,” “should,” “likely,” “probably,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “views,” “estimates,” and similar expressions are used to identify these forward-looking statements. 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
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