LOS ANGELES -- Motorcar Parts of America has signed a 10-year renewal of a primary supplier contract for remanufactured alternators and starters with a major automotive retailer.

Financial terms were not disclosed.

"This supply agreement secures an important business relationship with a long-time customer and enables both of our organizations to benefit from anticipated increasing replacement rates due to an aging vehicle population," said Selwyn Joffe, chairman, president and chief executive officer of Motorcar Parts of America.