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Motorcar Parts - MPAA STOCK NEWS

Welcome to our dedicated page for Motorcar Parts news (Ticker: MPAA), a resource for investors and traders seeking the latest updates and insights on Motorcar Parts stock.

Overview

Motorcar Parts (MPAA) is a US-based manufacturer, remanufacturer, and distributor of high-quality automotive aftermarket parts. Specializing in key components such as rotating electrical products, wheel hub assemblies, and brake master cylinders, MPAA plays a vital role in ensuring the reliability and efficiency of automotive repair products. By integrating advanced remanufacturing processes, the company significantly reduces material and energy consumption compared to traditional manufacturing methods, thereby offering both economical and sustainable solutions.

Business Model and Operations

The company’s business model is multi-faceted and targets a broad range of markets, including imported and domestic passenger vehicles, light trucks, and heavy-duty applications. Products are manufactured under its own brands as well as private labels and OEM warranty replacement programs. MPAA’s operations are designed to reclaim and recondition non-wearing parts during the remanufacturing process, which not only minimizes waste but also reinforces the durability and performance of its products. The integration of remanufacturing alongside traditional manufacturing allows the company to offer versatile product lines, catering to both economical repair needs and more rigorous performance demands.

Manufacturing and Remanufacturing Excellence

At the heart of MPAA’s value proposition is its commitment to quality through both manufacturing and remanufacturing. The company employs state-of-the-art technologies and rigorous quality control processes to ensure that every product meets stringent performance standards. With extensive experience in reconditioning and remanufacturing components, MPAA recovers critical parts, thereby conserving resources and reducing the environmental footprint. This strategic approach not only ensures the longevity of automotive components but also demonstrates an innovative application of sustainable practices in the industry.

Global Reach and Market Presence

With a global network of manufacturing facilities and administrative offices, MPAA serves automotive retail outlets and the professional repair market across the United States and Canada, as well as other international regions. This expansive footprint allows the company to optimize logistics, maintain supply chain resilience, and respond efficiently to market demands. The diversified sales channels, including direct brand sales, private-label offerings, and collaborations with warranty programs, position MPAA as a pivotal supplier within a competitive aftermarket landscape.

Competitive Positioning and Industry Relevance

Within the competitive automotive parts industry, MPAA distinguishes itself through its dual focus on traditional manufacturing and innovative remanufacturing practices. The company’s expertise in remanufacturing provides both a cost advantage and an environmentally responsible solution compared to conventional methods. Its commitment to reclaiming and reconditioning components is evidence of a strategic approach that emphasizes resource efficiency and operational excellence. This multifaceted approach reinforces MPAA’s authority in the industry, as it continuously adapts to the evolving needs of automotive repair and maintenance markets.

Commitment to Quality and Sustainability

Quality and sustainability are two pillars central to MPAA’s operations. The company’s process of reclaiming non-wearing parts extends component lifecycles and contributes significantly to resource conservation. By deploying thorough quality assurance protocols, MPAA ensures that every part, whether newly manufactured or remanufactured, adheres to rigorous standards. This commitment not only enhances product reliability but also builds trust with customers and repair professionals, who depend on consistent, high-performance solutions in their work.

Key Industry Insights and Terminology

For industry professionals and investors, understanding MPAA’s approach requires familiarity with terms such as remanufacturing, which involves recovering and restoring used components, and aftermarket parts, which support maintenance and repair functions outside of original equipment manufacturing. The company’s strategic emphasis on rotating electrical products, hub assemblies, and brake master cylinders underscores its specialization in critical mechanical and electrical components.

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Motorcar Parts of America, Inc. (Nasdaq:MPAA) announced that Selwyn Joffe has been inducted into the Federated Auto Parts’ 2021 Vendor Hall of Fame. This prestigious award recognizes individuals for their exceptional contributions to Federated Auto Parts. The award was presented at the 2021 Virtual National Conference & Expo by Bo Fisher. Joffe, who has been with Motorcar Parts since 1994 and serves as chairman and CEO, expressed gratitude for the honor and acknowledged the support of his team. The company is a major player in remanufacturing and distributing automotive aftermarket parts.

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Motorcar Parts of America (Nasdaq: MPAA) has announced the opening of a new technical center in the Detroit area through its subsidiary D&V Electronics. This facility aims to support the growing demand for electric vehicle (EV) testing solutions, providing advanced engineering and testing capabilities for automotive manufacturers. The center will offer emulator solutions, on-site training, and technical support to enhance customer efficiency. Chairman Selwyn Joffe emphasized the strategic importance of this expansion in response to the booming EV market.

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Motorcar Parts of America (Nasdaq:MPAA) will present a fireside chat on March 15, 2021, at 2:00 p.m. PT during Roth Capital Partners' 33rd Annual Stock Growth Conference, which will be held virtually.

A live audio webcast will be available on www.motorcarparts.com and will be archived for 30 days. The company specializes in remanufacturing and distributing automotive aftermarket parts and operates across the U.S., Canada, and Mexico. Its electrical vehicle subsidiary focuses on testing solutions for electric power trains.

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Motorcar Parts of America (Nasdaq: MPAA) announced that its subsidiary, D&V Electronics USA, is aiding in the development of an extreme fast EV charger, with a capacity of up to 400kW, expected to provide a 180-mile range in less than 10 minutes. The high-power direct current emulator plays a crucial role by simulating vehicle-to-grid scenarios, located at NextEnergy in Detroit. This initiative, supported by the U.S. Department of Energy and Delta Electronics, emphasizes the company's prominence in the EV market and commitment to innovative testing solutions.

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Motorcar Parts of America (Nasdaq: MPAA) announced its fiscal 2021 third-quarter results, reporting net sales of $122.6 million, a slight decrease from $125.6 million in the same quarter last year, attributed to COVID-19-induced challenges. Net income surged to $8.5 million, or $0.44 per diluted share, up from $865,000 or $0.04 per share a year ago. Cash generated from operations reached $33.2 million, while net debt was reduced by 29.1% to $67.6 million. The company remains optimistic about future demand as vaccination efforts progress, despite ongoing supply chain challenges.

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Motorcar Parts of America (Nasdaq: MPAA) will report its fiscal 2021 Q3 results on February 9, 2021. CEO Selwyn Joffe and CFO David Lee will host a conference call at 10:00 a.m. Pacific Time to discuss financial outcomes and operations. Investors can access the call via live audio Web broadcast at www.motorcarparts.com or by phone. An archive of the call will be available shortly after. The company specializes in remanufacturing and distributing automotive aftermarket parts across North America and internationally, including electric vehicle testing solutions.

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Motorcar Parts of America (Nasdaq: MPAA) announced a strategic distribution partnership between its subsidiary D&V Electronics and Singapore's TME Systems Pte Ltd. This collaboration aims to enhance D&V's presence in Southeast Asia, capitalizing on its expertise in testing and diagnostic equipment for electric vehicles. Both companies anticipate significant growth opportunities in this rapidly evolving market. The announcement underscores the importance of commercial partnerships in Motorcar Parts' strategic growth initiatives, with no financial terms disclosed.

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Motorcar Parts of America, Inc. (Nasdaq: MPAA) has appointed Jamy Rankin to its board of directors, enhancing its commitment to diversity and corporate governance. With this addition, the board comprises ten members, nine of whom are independent. Rankin brings extensive automotive aftermarket experience, having previously served as CEO of Ford Component Sales. Her academic achievements include degrees from the University of Pittsburgh and the University of Chicago, alongside numerous industry accolades. This strategic appointment is expected to contribute positively to the company's growth.

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Motorcar Parts of America (Nasdaq: MPAA) launched a new Q&A section on its website to enhance investor understanding of the automotive aftermarket industry. Chairman Selwyn Joffe emphasized the company's commitment to regular updates in the investor relations resources section. Motorcar Parts specializes in remanufacturing automotive parts, including alternators, starters, and brake components, distributing them across North America. The company also designs test solutions for electric motors and similar products, with operations in several countries.

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FAQ

What is the current stock price of Motorcar Parts (MPAA)?

The current stock price of Motorcar Parts (MPAA) is $10.17 as of March 10, 2025.

What is the market cap of Motorcar Parts (MPAA)?

The market cap of Motorcar Parts (MPAA) is approximately 200.2M.

What does Motorcar Parts (MPAA) specialize in?

MPAA specializes in the manufacturing, remanufacturing, and distribution of automotive aftermarket parts, including rotating electrical products, wheel hub assemblies, and brake master cylinders.

How does MPAA use remanufacturing in its operations?

The company employs remanufacturing by reclaiming and reconditioning non-wearing parts, helping reduce material waste and energy consumption, while maintaining high product performance.

Which markets does Motorcar Parts serve?

MPAA serves a broad range of markets, including automotive retail outlets, professional repair markets, and warranty replacement programs in North America and other international regions.

What are the core product categories of MPAA?

The company's core product categories include rotating electrical components, wheel hub assemblies, and brake master cylinders, which are critical parts in automotive repair and maintenance.

How does MPAA ensure product quality and reliability?

MPAA utilizes state-of-the-art manufacturing and remanufacturing technologies combined with rigorous quality control measures to ensure that every product meets strict performance standards.

Does MPAA produce parts for both domestic and imported vehicles?

Yes, MPAA manufactures aftermarket parts that are used in both domestic and imported passenger vehicles, light trucks, and heavy-duty applications.

How does the company contribute to resource conservation?

By reclaiming and reconditioning non-wearing components during its remanufacturing process, MPAA significantly reduces energy and material consumption compared to traditional manufacturing.

What differentiates MPAA from other automotive parts manufacturers?

MPAA's integration of manufacturing and remanufacturing processes, focus on sustainability, and diverse distribution channels distinguish it in the competitive automotive aftermarket space.

How does MPAA support the professional repair market?

The company supplies high-quality, reliable parts to automotive retail outlets and professional repair markets, ensuring that repair professionals have access to components that meet rigorous performance standards.
Motorcar Parts

Nasdaq:MPAA

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MPAA Stock Data

200.16M
18.04M
5.9%
81.44%
2.92%
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