About Dorman Products Founded and headquartered in the United States, we are a pioneering global organization offering an alwaysevolving catalog of products, covering cars, trucks and specialty vehicles, from chassis to body, from underhood to undercarriage, and from hardware to complex electronics. Forward-Looking Statements Investor Relations Contact COLMAR, Pa., July 12, 2024 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (the "Company" or "Dorman") (NASDAQ: DORM) today announced the Company will report its f ...

Noteworthy among the hundreds of releases are two Dorman® OE FIX™ repair solutions, 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. These innovative products include: Additional first-to-aftermarket highlights include: These are just a few of Dorman's recent new product releases, which include replacement components and assemblies for passenge ...

Adding to an expansive catalog of more than 122,000 SKUs, the July 2024 new product releases represent millions of new sales opportunities for automotive and heavy-duty parts distributors, retailers and repair shops, reinforcing Dorman's position as a premier go-to source for technicians and dedicated DIYers. These innovative products include: Additional first-to-aftermarket highlights include: These are just a few of Dorman's recent new product releases, which include replacement components and assemblies ...

The increasing age of vehicles is a boon for the Zacks Automotive Replacement Parts industry. However, the overall outlook of the industry remains subdued due to high raw material costs, unfavorable currency exchanges and logistical challenges that impact profit margins. Additionally, the shift toward electric and self-driving vehicles necessitates realignment of business models. To thrive, companies must develop comprehensive strategies to capitalize on evolving market trends while managing high operationa ...

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 r ...

COLMAR, Pa., June 12, 2024 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (NASDAQ:DORM) is proud to announce the grand opening of a new drive shaft manufacturing facility in Virginia Beach, VA (USA). A ribbon cutting ceremony to celebrate the launch of the expansive factory at 464 Progress Lane is scheduled for Wednesday, June 12th. The facility joins existing Dorman sites in Reno, NV and Portland, TN that also design, manufacture and distribute the company's 3,600+ precision steel and aluminum driveshafts and r ...

COLMAR, Pa., June 12, 2024 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (NASDAQ:DORM) is proud to announce the grand opening of a new drive shaft manufacturing facility in Virginia Beach, VA (USA). A ribbon cutting ceremony to celebrate the launch of the expansive factory at 464 Progress Lane is scheduled for Wednesday, June 12th. The facility joins existing Dorman sites in Reno, NV and Portland, TN that also design, manufacture and distribute the company's 3,600+ precision steel and aluminum driveshafts and r ...

What's Driving the Vehicle Age? For starters, advancements in technology have improved vehicle quality, allowing cars to last longer. Additionally, the high cost of new vehicles is a significant factor. The average selling price of a new vehicle in the United States was more than $45,000 last month. Despite a decrease of more than $2,000 from the peak in December 2022, prices remain high, causing many consumers to delay new purchases and extend the lifespan of their current vehicles. Todd Campau, aftermarke ...

Key Insights From the Report Per the latest report released by S&P Global Mobility, the average age of U.S. vehicles hit a new record of 12.4 years in 2024, an increase of two months from 2023. This marks the seventh consecutive year of rising average vehicle age in the United States. With vehicles aging, the demand for repairs and maintenance rises, creating more opportunities for companies involved in the aftermarket and vehicle service industries. Dorman Products (DORM) , Rush Enterprises (RUSHA) and Gen ...

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 t ...