Zacks Industry Outlook Spotlights LKQ, Dorman Products, and Standard Motor Products
Industry Challenges: The automotive replacement parts industry faces rising complexities due to modern vehicle technology, which increases service costs and requires specialized skills, while also being pressured by U.S. import tariffs on parts from abroad.
Aging Vehicle Fleet: The average age of vehicles in the U.S. has risen to 12.8 years, leading to increased demand for maintenance and replacement parts as owners opt to keep their existing cars rather than purchase new ones.
Market Performance: The Zacks Automotive - Replacement Parts industry has underperformed compared to the broader Auto, Tires, and Truck sector and the S&P 500, with a Zacks Industry Rank indicating weak near-term prospects and declining earnings estimates.
Stock Recommendations: Companies like Standard Motor Products, LKQ Corp., and Dorman Products are highlighted as potential investment opportunities, each showing growth potential through strategic acquisitions and operational improvements.
Discover Tomorrow's Bullish Stocks Today
Analyst Views on SMP

No data
About SMP
About the author

Standard Motor Products Named One of America's Most Responsible Companies for Third Year
- Sustainability Recognition: Standard Motor Products has been named one of America's Most Responsible Companies for 2026 by Newsweek and Statista for the third consecutive year, highlighting its ongoing commitment to sustainability and enhancing its reputation in the automotive components sector.
- Selection Criteria Explained: The ranking is based on research of over 30 key performance indicators across 2,000 U.S. public companies and a public survey of 26,000 residents, ensuring the evaluation's fairness and authority in assessing environmental, social, and corporate governance performance.
- Corporate Responsibility Commitment: CEO Eric Sills emphasized the company's dedication to being a responsible corporate citizen, integrating sustainable practices to create long-term value for stakeholders, thereby reinforcing the foundation of its success.
- Industry Leadership: As a leading independent manufacturer and distributor in the automotive aftermarket, SMP showcases its strong competitiveness and influence in diverse global markets, selling products across the U.S., Canada, Europe, Asia, and Latin America.

Standard Motor Products Named One of America's Most Responsible Companies for Third Year
- Sustainability Recognition: Standard Motor Products has been named one of America's Most Responsible Companies for the third consecutive year by Newsweek and Statista, highlighting its ongoing commitment to sustainability and enhancing its reputation in the automotive components sector.
- Rigorous Selection Criteria: The ranking is based on research of over 30 key performance indicators for 2,000 U.S. public companies and a public survey of 26,000 residents, ensuring the evaluation's fairness and authority, which boosts the company's recognition in corporate social responsibility.
- Commitment to Corporate Responsibility: CEO Eric Sills emphasized the company's dedication to being a responsible corporate citizen, integrating sustainable practices to create long-term value for stakeholders, thereby strengthening its competitive position in the industry.
- Century-Long Legacy: With over 100 years in business, SMP is a leading independent manufacturer and distributor of premium replacement parts and custom-engineered solutions, solidifying its leadership in the global market.






