Motorcar Parts of America Receives Lone Star Award From Aftermarket Auto Parts Alliance
LOS ANGELES, Dec. 13, 2016 (GLOBE NEWSWIRE) -- Motorcar Parts of America, Inc. (Nasdaq:MPAA) today announced it received the Aftermarket Auto Parts Alliance's Lone Star Award at the organization's recent 2016 shareholder meeting held in Miami, Florida.
The Lone Star is an annual award in recognition of exceptional partnership and service by an aftermarket automotive parts supplier.
"Customer service is a daily point of focus throughout our company, and we are gratified to be recognized by this premier automotive organization for our industry-leading excellence in category management. We look forward to continued success and opportunities to support the Aftermarket Auto Parts Alliance and its shareholders," said Selwyn Joffe, chairman, president and chief executive officer.
Aftermarket Auto Parts Alliance is comprised of more than 50 independent Auto Value and Bumper to Bumper shareholders. As the source for quality parts and service for over 2,200 parts stores and some 3,300 certified service
centers worldwide, Auto Value and Bumper to Bumper are proud to respond to the individual needs of each customer and provide unequalled products and service.
About Motorcar Parts of America
Motorcar Parts of America, Inc. is a remanufacturer, manufacturer and distributor of automotive aftermarket parts -- including alternators, starters, wheel hub assemblies, brake master cylinders, brake power boosters and turbochargers utilized in imported and domestic passenger vehicles, light trucks and heavy duty applications. 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 and China, and administrative offices located in California, Tennessee, Virginia, Mexico, Singapore, Malaysia and Toronto. Additional information is available at www.motorcarparts.com.
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 2016 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.
Gary S. Maier
Maier & Company, Inc.
Source: Motorcar Parts of America, Inc.
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