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Motorcar Parts Of America Reports Record Fiscal 2017 Fourth Quarter And Year-End Results

Net sales for the fiscal 2017 fourth quarter increased 17.4 percent to $114.4 million from $97.4 million for the same period a year earlier.

Motorcar Parts Of America Reassigns Operational Responsibilities

The company announced the appointment of Jack Vollbrecht as senior vice president, strategy and government relations – a newly created position.

Motorcar Parts Of America Receives Vendor Of The Year Award From XL Parts

XL Parts is one of the fastest-growing direct-to-the-installer automotive parts distributors in the country, offering more than 120,000 part numbers from suppliers that offer national and OE brands.

Motorcar Parts Of America Announces Share Repurchase Program Increase

The company’s previous share repurchase program was limited to $10 million. MPA has approximately 18.7 million shares outstanding.

Motorcar Parts Of America Appoints New Directors

Motorcar Parts of America’s board now consists of 10 directors, four of whom were appointed in the past year and nine of whom are independent.

Motorcar Parts Of America Receives Supplier Of The Year Award From O’Reilly Automotive

“Superior product management and customer service are fundamental commitments throughout our company. We are gratified to be recognized by O’Reilly Auto Parts for our entire Street Smart Suite of services that distinguish MPAA as an industry leader,” said Selwyn Joffe, chairman, president and CEO of Motorcar Parts of America.

Motorcar Parts Of America Reports Record Fiscal 2017 Third Quarter Results

Net sales for the fiscal 2017 third quarter were $112.6 million compared with $94 million for the same period a year earlier.