Standard Motor Products Expands Parking Brake Actuator Program
Rhea-AI Summary
Standard Motor Products (SMP) has announced a significant expansion of its Electronic Parking Brake Actuator program. The company emphasizes that parking brake actuators are among the fastest-growing categories in the automotive aftermarket, with their products being 100% new and designed to match OE performance.
The expanded coverage includes new applications for millions of late-model vehicles, including 2023-22 Ford models (Escape, Bronco Sport, Maverick), 2024-23 Super Duty trucks, 2024-22 Jeep Grand Cherokee, 2024-22 Ram ProMaster, and various Mercedes-Benz, Subaru, Mazda, Audi, Volkswagen, and GM vehicles.
Standard's actuators feature plug-and-play design requiring no additional programming, and include necessary hardware for complete repairs. Each unit undergoes rigorous testing at SMP's New York lab and Texas Testing Center for durability and performance.
Positive
- Expansion into one of the fastest-growing automotive aftermarket categories
- Coverage extended to millions of new vehicle applications
- 100% new products with OE performance matching
- No additional programming required for installation
Negative
- None.
News Market Reaction – SMP
On the day this news was published, SMP gained 3.61%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Takeaways
- Parking brake actuators are safety-critical components, and are one of the fastest-growing categories in the industry
- Standard® Parking Brake Actuators are
100% new, never remanufactured, and are designed to match OE performance and seamlessly integrate with electronic safety systems - Standard's Parking Brake Actuator program is the most comprehensive in the industry, offering coverage for millions of import and domestic vehicles
On almost all new vehicles, manually operated cable parking brakes have been replaced by electronic parking brake actuators. These new actuators are also an integral part of electronic safety systems found on today's vehicles. Standard® Parking Brake Actuators are always
Standard® has recently introduced new coverage in this category for millions of late-model import and domestic vehicles. New applications include Ford vehicles like the 2023-22 Escape, Bronco Sport and Maverick, as well as 2024-23 Super Duty trucks. Coverage was also added for the 2024-22 Jeep Grand Cherokee and 2024-22 Ram ProMaster, as well as Mercedes-Benz vehicles through 2023 and Subaru vehicles through 2024. Additional new coverage includes popular Mazda, Audi, Volkswagen, and General Motors vehicles.
Commenting on the expansion, John Herc, Vice President of Vehicle Control Marketing at SMP, said, "Standard's Parking Brake Actuator program is the most comprehensive in the industry. In addition to industry-leading coverage, we are providing our distribution partners with training, marketing materials and key category insights to help them capitalize on the growth of this category."
All Standard® Parking Brake Actuators are listed in the catalog found at StandardBrand.com and in electronic catalog providers.
About Standard®
Standard® provides unmatched coverage for all import and domestic vehicle applications equipped with gas, hybrid, and electric powertrains. Standard's line offers premium automotive products in multiple product categories for vehicle systems such as electric, safety, fuel, and ignition. Product categories include Ignition Coils, Sensors, Switches, VVT Components, ADAS Products, TMPS Sensors, Fuel Injection and much more. For additional information, contact an SMP® sales representative or visit StandardBrand.com.
About SMP
With over 100 years in business, Standard Motor Products, Inc. is a leading independent manufacturer and distributor of premium replacement parts in the automotive aftermarket and a custom-engineered solutions provider to vehicle and equipment manufacturers in diverse non-aftermarket end markets. SMP sells its products primarily to retailers, warehouse distributors, original equipment manufacturers and original equipment service part operations in
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SOURCE Standard Motor Products, Inc.
FAQ
What new vehicle models are covered in SMP's expanded Parking Brake Actuator program?
How does Standard Motor Products (SMP) test their Parking Brake Actuators?
What are the key features of Standard's Parking Brake Actuators?
Why is SMP expanding their Parking Brake Actuator program?
