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DORM Dorman Products Inc

90.86
0.18 (0.20%)
15 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Dorman Products Inc NASDAQ:DORM NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.18 0.20% 90.86 87.17 92.46 90.87 88.10 89.52 103,750 01:00:00

Dorman introduces hundreds of new products, including more aftermarket exclusives and Dorman® OE FIX™ repair solutions

07/12/2023 12:00pm

GlobeNewswire Inc.


Dorman Products (NASDAQ:DORM)
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From Jun 2023 to Jun 2024

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Dorman Products, Inc. (NASDAQ:DORM) is releasing 400 new motor vehicle parts this month, representing millions of new sales opportunities for automotive parts distributors, retailers, and repair shops. The new products further reinforce Dorman’s position as a leading aftermarket provider of comprehensive powertrain repair solutions.

This month’s new releases include an innovative Dorman® OE FIX™ exhaust manifold clamp repair kit with coverage for approximately 3 million select aging Ford and Lincoln vehicles. When an exhaust manifold fastener breaks on those vehicles, repairing it conventionally usually requires significant labor, up to and including removing the cylinder head. Applying the Dorman kit components can save time and labor, bypasses existing hardware even if that hardware is broken, and usually requires no special tools.

Dorman is also introducing a new OE FIX engine heater hose assembly, adding to a large and growing catalog of complex automotive hose assemblies. Original equipment heater hose assemblies on more than 400,000 select Ford Fusion sedans may fail due to cracks in the plastic connectors. The new Dorman OE FIX replacement features upgraded aluminum connectors to help prevent similar failures in the future.

Dorman is also adding hundreds of new direct replacement parts and assemblies designed to match or improve upon the performance of the original equipment offerings. Some new and notable aftermarket-exclusive and direct replacement product releases for December 2023 include:

  • Two throttle body connectors offering a combined 20 million repair opportunities on certain GM and Ford vehicles.
  • Three new turbocharger components, including a new intercooler designed to match the fit and function of the original equipment unit on 1.75 million GMC and Chevrolet vehicles, extending Dorman’s already comprehensive line of turbo replacement and repair solutions.
  • A time-saving and convenient wheel hub and bearing assembly repair kit with coverage for 1 million select late model Ram 2500 and 3500 series trucks, featuring quality components carefully engineered to match the fit and performance of the factory assembly components.

These are just a few of Dorman’s featured new product releases this month, which include replacement components and assemblies for passenger and commercial vehicles of every type and powertrain. 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 Marketingsgisondi@dormanproducts.com
  • Investor Relations: David Hession, Senior Vice President, Chief Financial Officerdhession@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.

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