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Motorcar Parts Of America Reports Fiscal 2019 3rd Quarter Results

Net sales for the fiscal 2019 third quarter increased 20.6 percent to $124.1 million from $102.9 million for the same period a year earlier, predominantly as a result of increases in the company’s rotating electrical business. 

Motorcar Parts Of America Expands Sales Team

Motorcar Parts of America has announced the appointments of automotive aftermarket industry veterans Ron Aparicio as a director – retail sales, and Melonie Pickett as senior account manager.

Motorcar Parts Of America Acquires Heavy-Duty Rotating Electrical Products Company

Motorcar Parts of America has acquired Ontario, Canada-based Dixie Electric Ltd. in a stock purchase transaction. Terms were not disclosed. 

Motorcar Parts Of America Reports Fiscal 2019 Second Quarter Results

Net sales for the fiscal 2019 second quarter increased 16 percent to $127.9 million from $110.3 million for the same period a year earlier, predominantly as a result of increases in the company’s rotating electrical business.

Motorcar Parts Of America Acquires E&M Power

MPA says it is expanding its position within the electric vehicle testing market with this acquisition.

Motorcar Parts Of America Receives Notice From NASDAQ Due to Delayed Filing of Form 10-Q

According to MPA, the delay in filing was due to the company’s inability to timely process the financial information for its fiscal 2019 second quarter, which is primarily related to a review of accounting practices associated with the timing of recognizing certain expenses incurred in connection with new business.

Motorcar Parts Of America To Launch Additional Braking-Related Products At AAPEX

“The introduction of brake rotors and brake pads complements our current braking system product offerings and is consistent with our growth strategy within high-growth, non-discretionary aftermarket categories,” said Selwyn Joffe, chairman, president and CEO of Motorcar Parts of America Inc. 

Motorcar Parts Of America Reports Fiscal 2019 1st Quarter Results

The company says record sales are expected for the balance of the fiscal year.

Motorcar Parts Of America Appoints CEO Of Diagnostic And Testing Business

William Hardy succeeds Scott Matrenec, head of business and corporate development for Motorcar Parts of America, who served on an interim basis in this capacity following the acquisition of D&V Electronics in July 2017.

Motorcar Parts Of America Appoints Vice President Of New Products

The position of vice president of new products will be dedicated to the company’s braking-related product line expansion.