Motorcar Parts of America Announces Promotion and Appointment

May 21, 2019 at 8:30 AM EDT

LOS ANGELES, May 21, 2019 (GLOBE NEWSWIRE) -- Motorcar Parts of America, Inc. (Nasdaq: MPAA) today announced Rick Mochulsky, senior vice president of sales, will assume the additional responsibility of managing the marketing team across all product lines. 

The company also announced the appointment of automotive industry veteran Mario Garza as assistant vice president of marketing.  Garza most recently served as vice president of merchandising for XL Parts, headquartered in Houston, Texas.  He previously held various positions with AutoZone, based in Memphis, Tennessee -- including merchandising, commercial and store operations.

“Rick’s additional management responsibilities complement the company’s strategic growth plans, and we look forward to benefiting from his sales and marketing leadership,” said Selwyn Joffe, chairman, president and chief executive officer.

“Mario’s broad automotive experience within the retail and traditional aftermarket further enhances the company’s marketing programs and supports the company’s growing line of high-quality product offerings,” said Rick Mochulsky, senior vice president of sales and marketing.

About Motorcar Parts of America

Motorcar Parts of America, Inc. is a remanufacturer, manufacturer and distributor of automotive aftermarket parts -- including alternators, starters, wheel bearing and hub assemblies, brake master cylinders, brake power boosters, rotors, brake pads and turbochargers utilized in imported and domestic passenger vehicles, light trucks and heavy-duty applications.  In addition, the company designs and manufactures test equipment for performance, endurance and production testing of alternators, starters, electric motors, inverters and belt starter generators for both the OE and aftermarket. Motorcar Parts of America’s products are sold to automotive retail outlets and the professional repair market throughout the United States and Canada, with facilities located in California, Mexico, Malaysia, China and India, and administrative offices located in California, Tennessee, Mexico, Singapore, Malaysia and Canada.  Additional information is available at www.motorcarparts.com.

Forward-Looking Statements

The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for certain forward-looking statements. The statements contained in this press release that are not historical facts are forward-looking statements based on the company’s current expectations and beliefs concerning future developments and their potential effects on the company. These forward-looking statements involve significant risks and uncertainties (some of which are beyond the control of the company) and are subject to change based upon various factors.  Reference is also made to the Risk Factors set forth in the company’s Form 10-K Annual Report filed with the Securities and Exchange Commission (SEC) in June 2018 and in its Forms 10-Q filed with the SEC for additional risks and uncertainties facing the company. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as the result of new information, future events or otherwise.

CONTACT: Gary S. Maier
  (310) 471-1288

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Source: Motorcar Parts of America, Inc.