Standard Motor Products Inc - Company Profile
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Business Description
Standard Motor Products Inc (SMP) is an independent manufacturer and distributor of motor vehicle replacement parts for engine management ignition, temperature control products, and emission and fuel systems. It serves independent professional auto technicians, automotive do-it-your selfers, large retail chains, original equipment manufacturers and original equipment service part operations, and warehouse distributors.
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R&D Overview
Business Segments
Overview
The segment services its vehicle and equipment manufacturing customers across diverse global end markets, including on-highway and off-highway applications. Vehicles and equipment include, commercial and light vehicles, construction, agriculture, power sports, marine, hydraulics and lawn and garden. In FY2023, the capital expenditure of the segment stood at US$12.092 million which grew by 86.4% YoY.
Performance
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Overview
Includes automotive aftermarket customers through its offering of premium replacement parts within the following major product groups: • AC System Components, which includes compressors, air conditioning repair kits, connecting lines, heat exchangers, and expansion devices. • Other Thermal Components, which includes parts that provide engine, transmission, electric drive motor, and battery temperature management. In FY2023, the capital expenditure of the segment stood at US$1.899million which declined by 52.2% YoY.
Performance
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Overview
Includes automotive aftermarket customers through its offering of replacement parts, • Engine Management: Includes air injection and induction components, air management valves, regulators and solenoids, exhaust gas recirculation (EGR) components, fuel injectors and related components, fuel valves, ignition coils, connectors and sockets, modules, pumps, relays and fuses, starting and charging system parts, and vapor and purge components. • Electrical & Safety: Includes electrical switches and actuators, chassis and drivetrain sensors such as anti-lock brake and vehicle speed sensors, fluid level sensors, pressure sensors such as tire pressure monitoring, temperature sensors, and sensors for advanced driver assistance systems (ADAS), along with battery cables, pigtails, sockets and a wide range of electrical wire, terminals, connectors, and tools for servicing a vehicle’s electrical system. • Wire Sets & Other: Includes spark plug wire sets, coil on plug boots and accessories servicing vehicle’s ignition system. In FY2023, the capital expenditure of the segment stood at US$13.9 million which grew by 4.3% YoY.
Performance
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Geographical Segments
Performance
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Performance
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Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
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Performance
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Performance
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