Net sales for the fiscal 2022 fourth quarter were $163.9 million compared with $168.1 million in the prior-year period.
MPA has introduced a new line of pads and rotors under the Quality-Built brand.
D&V will provide the test system for Taiwan’s Automotive Research & Testing Center to support the development of EVs.
Motorcar Parts of America’s D&V Electronics subsidiary will supply electric motor emulators to one of China’s largest automotive manufacturers.
As Chairman & CEO of Motorcar Parts of America, Joffe gives insights into MPA’s unique culture and explosive growth.
Record net sales up 32% for the quarter and 31% for nine months.
Motorcar Parts of America’s D&V Electronics has been selected for a NASA Mission to Saturn’s Moon Titan.
Longtime MPA exec Niall Davidson will assume responsibility for the company’s entire automotive product lines in this market.
Net sales for the quarter were up 13.5 percent; 29.8 percent for six months; and 25.1 percent from the pre-COVID-19 six months.
This ultra-premium upgraded wheel hub offering is a complement to MPA’s premium Quality-Built program.
The award was presented at Advance’s 2021 Partner Growth Summit held virtually this week.
D&V Electronics established the partnership to leverage the organization’s position in the European testing solutions market.