News SMP Closes Acquisition of General Cable’s Ignition Wire Business Advertisement ByTire Review Staff on June 1, 2016 Standard Motor Products Inc. closed on its acquisition of General Cable Corp.’s automotive ignition wire business. SMP acquired the business for roughly $71 million.AdvertisementClick Here to Read MoreAdvertisement The deal is still subject to post-closing adjustments, SMP said. Advertisement In this article:Acquisition, General Cable Corp., SMP, Standard Motor Products, Standard Motor Products Inc. Click to comment News: K&M Names Park Tire 2021’s Top Shop at Virtual Conference News: Dunlop Motorcycle Tires Announces Price Increase News: Bridgestone Helping Advance Natural Rubber Alternatives People: Up Close with Bridgestone’s Riccardo Cichi Advertisement WEBINARS Watch a webinar for free on-demand! PODCASTS Listen to the latest episode on "What's Treading". SUBSCRIBE Get the latest news in Tire Review World Tire Report.