Motorcar Parts of America, Inc.
Apr 7, 2017
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Motorcar Parts of America Receives Vendor of the Year Award From XL Parts

LOS ANGELES, April 07, 2017 (GLOBE NEWSWIRE) -- Motorcar Parts of America, Inc. (Nasdaq:MPAA) today announced it received a Vendor of the Year award from XL Parts at the organization's recent annual open house held in Houston, Texas.

"Customer service is a daily point of focus throughout our company, and we are gratified to be recognized by this leading warehouse distributor for our team's commitment and contributions.  We look forward to continued success and additional opportunities to support XL Parts," said Selwyn Joffe, chairman, president and chief executive officer of Motorcar Parts of America.

XL Parts is one of the fastest growing Direct-to-the-Installer automotive parts distributers in the country - offering more than 120,000 part numbers from industry leading suppliers that offer national and original equipment brands.  XL Parts currently provides industry leading customer service to its installer customers in the Houston, Dallas/Ft. Worth, Oklahoma City and Louisiana markets.

"XL Parts is pleased to present Motorcar Parts of America with its Vendor of the Year Award for 2016 as they consistently provide great customer service to XL Parts and its customers through their high-fill rates, category recommendations/insights and partnership to drive sales and results," said Mario Garza, vice president of merchandising for XL Parts.

"Once again Motorcar Parts of America's commitment to our customers is on full display as we accept this award from a highly respected aftermarket distributor.  We are proud of this recognition. Congratulations to our entire team," said Rick Mochulsky, senior vice president of sales for Motorcar Parts of America. 

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.

 

CONTACT:  Gary S. Maier

Maier & Company, Inc.

(310) 471-1288

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Source: Motorcar Parts of America, Inc.

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