Core Insights - Standard Motor Products, Inc. (SMP) is expanding its Electronic Parking Brake Actuator program, which is one of the fastest-growing categories in the automotive aftermarket [2][4] - The company offers industry-leading coverage for both import and domestic vehicles, ensuring comprehensive support for a wide range of applications [5][8] Industry Overview - Electronic parking brake actuators have replaced manually operated cable parking brakes in almost all new vehicles, becoming integral to modern electronic safety systems [4][8] - The demand for parking brake actuators is increasing, reflecting a broader trend in the automotive aftermarket towards electronic components [3][8] Product Details - Standard® Parking Brake Actuators are 100% new, never remanufactured, and designed to match original equipment (OE) performance, ensuring seamless integration with electronic safety systems [4][8] - The actuators feature a plug-and-play design, requiring no additional programming during installation, and many include necessary components for a complete repair [4][6] Recent Developments - SMP has introduced new coverage for millions of late-model vehicles, including popular models from Ford, Jeep, Mercedes-Benz, Subaru, Mazda, Audi, Volkswagen, and General Motors [5][6] - The company is providing distribution partners with training, marketing materials, and insights to leverage the growth in the parking brake actuator category [6][8] Company Background - Standard Motor Products, Inc. has over 100 years of experience in the automotive aftermarket, manufacturing and distributing premium replacement parts [8][9] - The company serves a diverse range of markets, including retailers, warehouse distributors, and original equipment manufacturers across multiple regions [9]
Standard Motor Products Expands Parking Brake Actuator Program