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.
Motorcar Parts of America reports developments in automotive aftermarket replacement parts and diagnostic testing equipment. The company remanufactures, manufactures and distributes alternators, starters, wheel bearings and hub assemblies, brake calipers, brake pads, brake rotors, brake master cylinders, brake power boosters, turbochargers and related test equipment for imported and domestic passenger vehicles, light trucks and heavy-duty applications.
News commonly covers quarterly results, customer ordering trends, gross profit, cash generation, bank debt, liquidity, share repurchases, new business commitments, demand tied to aging vehicles and miles driven, and growth in Mexico and Latin America. Updates also reference the company's electric-vehicle subsidiary, which designs testing solutions for electric powertrain components, charging systems, and automotive and aerospace electrification applications.
Motorcar Parts of America, Inc. (Nasdaq:MPAA) will participate in a fireside chat on November 3, 2020, at 1:30 p.m. Eastern time during the Gabelli Funds 44th Annual Automotive Aftermarket Symposium, hosted virtually. A live audio webcast of the chat will be available on the company’s website and archived for 30 days. The company specializes in remanufacturing, manufacturing, and distributing automotive aftermarket parts, serving markets across the U.S. and Canada, with facilities in various countries.
Motorcar Parts of America (Nasdaq: MPAA) has officially started brake caliper production at its new 370,000 sq. ft. facility in Tijuana, Mexico. This marks a significant milestone for the company as it expands its product offerings. The newly manufactured brake calipers are designed to match original equipment in both fit and performance. Featuring a zinc-dichromate finish for corrosion protection and new components for enhanced reliability, these calipers aim to provide comprehensive repair solutions for the automotive aftermarket.