Standard Motor Products, Inc. (SMP) reported today the addition of 250 new part numbers to its Standard® and Intermotor® lines. The release spread out coverage through the 2016 model year covering more than 200 million additional VIO.
Standard Motor Products increased switch coverage by 40 million VIO with the introduction of 90 SKUs, including 25 combination switches and 20 instrument panel dimmer switches with applications for domestic and import vehicles.
The company’s other key additions were made throughout the company’s engine management line, including 40 door lock actuators, 20 fuel vapor canisters, and 10 ABS speed sensors. The company also released several canister vent solenoids and several crankshaft sensors, one of which has diesel applications.
Phil Hutchens, Vice President Engine Management Marketing, SMP, commented on the release, stating, “With 250 new parts, our latest new item release demonstrates our continued commitment to supplying our customers with the coverage and quality they demand.”
“With 250 new parts, our top of the line new item release reveals our continued commitment to supplying our customers with the coverage and quality they demand.” Said by, Phil Hutchens, Vice President Engine Management Marketing, Standard Motor Products, Inc.
All new applications are listed in the eCatalogs found at www.StandardBrand.com and www.IntermotorImport.com and in electronic catalog providers. Standard Motor Products, Inc offers finest engine management related products, including computerized engine controls, TPMS sensors, and fuel injection components for domestic vehicles. Intermotor® offers a top line of genuine import products that are unrivaled for their superior quality, original match and complete coverage.
Standard Motor Products, Inc. (NYSE:SMP) shares in current trading session were 0.21% up breakeven line and moved at $33.32. Its latest financial highlights were comprised of 4.70% as profit margin in last twelve months and operating margin at 7.80%. To evaluate management effectiveness first thing that comes in mind is how well investors’ fund has been utilized and return on equity is an ideal which for this company was maintained at 11.90% in last twelve months. While another measure return on assets to assess how good was company to utilize assets to generate income, appeared at 6.60%.