Remanufactured parts give consumers a more sustainable option at an exceptional value.
MPA incurred a net loss of $4.2 million, or 22 cents per share.
The company said approximately $52 million annualized net sales have resumed in the fourth quarter as delayed business and customer order patterns normalize.
The company will showcase its line of replacement brake pads and rotors, as well as its alternators and starters.
The Motorcar Parts of America board now consists of 11 directors, 10 of whom are independent.
D&V Electronics established the partnership to leverage the organization’s position in the European testing solutions market.
The company’s existing credit facility led by PNC Bank was extended to May 2026.
The new digital marketing platform offers free access to information on MPA’s products and tech support.
D&V Electronics recently received two orders valued at more than $2 million for global manufacturers in China and Europe.
Jamy Rankin most recently served as president and CEO of Ford Component Sales, LLC.
The replacement brake calipers are engineered and manufactured to fit and perform like original equipment.
The company reported monthly sequential sales increases following extremely weak April.