Financial results, product launches, corporate announcements, and industry news from Standard Motor Products.
SMP reported net revenues of $412.3 million for the second quarter of 2026, reflecting continued strength in the Automotive Aftermarket division and growing demand for Engineered Solutions products.
Read MoreStandard Motor Products announced a significant expansion of its electric and hybrid vehicle sensor coverage, adding more than 850 new SKUs for popular EV platforms including Tesla, Rivian, and GM's Ultium-based vehicles.
Read MoreSMP reported net revenues of $412.3 million for the second quarter of 2026, reflecting continued strength in the Automotive Aftermarket division and growing demand for Engineered Solutions products.
The Board of Directors of Standard Motor Products declared a quarterly cash dividend of $0.31 per share on the company's common stock, payable September 1, 2026 to shareholders of record as of August 15, 2026.
Standard Motor Products announced a significant expansion of its electric and hybrid vehicle sensor coverage, adding more than 850 new SKUs for popular EV platforms including Tesla, Rivian, and GM's Ultium-based vehicles.
Standard Motor Products completed the acquisition of select thermal management product lines from Continental AG, strengthening the Intermotor® brand's position in the growing electric vehicle thermal management market.
SMP reported net revenues of $398.7 million for the first quarter of 2026, with the Engineered Solutions segment posting 14% year-over-year growth driven by OEM program launches.
Standard Motor Products will participate as a Platinum Sponsor at AAPEX 2026 in Las Vegas, showcasing the full Standard® and Intermotor® product portfolios alongside new EV and ADAS coverage expansions.
Intermotor® introduced a new line of advanced driver assistance system (ADAS) sensors designed for European OEM customers, covering radar, lidar, and camera-based safety systems across 12 vehicle platforms.
Standard Motor Products released its 2025 Sustainability Report, highlighting progress toward carbon reduction targets, workforce development initiatives, and community investment through the SMP Cares program.
SMP reported full-year 2025 net revenues of $1.61 billion, with diluted earnings per share of $3.84. The company also provided 2026 guidance reflecting continued investment in EV and hybrid product development.