LOS ANGELES — Motorcar Parts of America (MPA) said today one of the largest automobile manufacturers in the world has awarded the company a contract to supply a new line of remanufactured alternators and starters for the North American marketplace.

Under this five-year agreement, MPA will be the supplier of a new line of remanufactured alternators and starters covering all domestic and import makes and models of cars and light trucks. The line will be sold in both the U.S. and Canada. The company said shipments are expected to begin in the near future.

Commenting on the new contract, Selwyn Joffe, MPA’s CEO, said, “We are very excited to be chosen as the supplier of this line. We believe this agreement represents recognition by one of the world’s leading automotive organizations of our commitment to superior quality remanufacturing processes, reliability and customer service.

“While we have significant start-up expenses in connection with this business, the award reinforces our expectation that MPA will experience substantially increased revenue in the future,” added Joffe. “This award strengthens the company and enables us to effectively continue our initiatives to add value for all of our customers.”

For more information about MPA, go to: www.motorcarparts.com.

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