Standard Plus Club Assists 10,000 Technicians in Diagnosing Vehicle Issues in 2005
Standard Motor Products said it assisted more than 10,000 technicians diagnose vehicle issues in 2005 through its Standard Plus Club (SPC) program, which combines multiple information resources including a live technician hotline, professional technician seminars and a new online technical information website.
Standard Motor Products Reports Fourth Quarter and Full Year 2005 Results
Standard Motor Products has reported its consolidated financial results for the three months and the year ending Dec. 31, 2005. Consolidated net sales for the fourth quarter of 2005 were $172.1 million, compared to consolidated net sales of $181 million during the comparable quarter in 2004. Losses from continuing operations for the fourth quarter of 2005 were $5.7 million or 29 cents per diluted share, compared to $17.2 million or 89 cents per diluted share in the fourth quarter of 2004.
Standard Motor Products Promotes Bob Kimbro to VP of Sales
Standard Motor Products has promoted Bob Kimbro to vice president of sales. As VP of Sales, Kimbro will manage Standard’s large sales force and the group program directors. Kimbro is a 20-year veteran with Standard. He was previously the sales manager for the Eastern region.
Standard Motor Products Announces ‘Standard Online Ace Challenge’
Standard Motor Products has launched the new “Standard Online Ace Challenge” for jobber and WD counterpersons, running through April 30. The program will award thousands of dollars in American Express Gift Cards.
Standard Motor Products Buys Back Shares from Dana Corp.
Standard Motor Products has repurchased 1,378,760 shares of its common stock from Dana Corp. in a privately negotiated transaction and also prepaid at a discount an unsecured promissory note in the principal amount of $15.125 million plus accrued interest also held by Dana.
Standard Motor Products Receives 2005 Partnership Award from Pronto
Standard Motor Products has received the 2005 Partnership Award from National Pronto Association in recognition of its commitment over the past 12 months to helping Pronto shareholders and the group’s main office achieve success.
Standard Motor Products, Inc. Launches Online Program
Standard Motor Products announced that its Standard Plus Club is available online at smpcorp.com, offering its members unlimited access to a virtual library of “21st Century Solutions” for domestic and import cars, vans, light trucks and SUVs.
Standard Motor Products Enhances 21st Century Tune-Up Program
Standard Motor Products has enhanced its 21St Century Tune-Up program — a comprehensive systems checklist designed to help re-define and educate motorists as to what a tune-up should consist of on today’s modern vehicles.
Standard Motor Products Announces Availability of Window Lift Motor Catalog
Standard Motor Products has announced availability of its new Window Lift Motor catalog, No. STWL-05. Window lift motors are a new line for Standard Motor Products.They are OE direct replacements and conform to OE form, fit and function, according to the company. The catalog contains all major domestic and import vehicles through 2004 and many of the products offered in the catalog include regulators.
Standard Motor Products Announces Fourth Quarter, Full Year 2004 Results
Standard Motor Products has reported its consolidated financial results for the three months and for the year ending December 31, 2004. Consolidated net sales for the fourth quarter of 2004 were $181 million, compared to consolidated net sales of $162.5 million during the comparable quarter in 2003. Losses from continuing operations, before cumulative effect of accounting change, for the fourth quarter of 2004 were $17.2 million or 89 cents per diluted share, compared to $5.5 million or 29 cents per diluted share in the fourth quarter of 2003.