Motorcar Parts of America Inc. (MPA) is a leading manufacturer and distributor of automotive aftermarket parts, particularly in the alternator and starter industry. Established in 1968, the company trades under the ticker MPAA on the NASDAQ, and it is renowned for its dedication to bridge the gap between original equipment manufacturers and the automotive aftermarket segment.
Based in Torrance, California, the company has an enduring commitment to delivering top-tier quality products. MPAA's range includes both new and remanufactured automotive hard parts, such as alternators, starters, wheel hub assembly products, and brake master cylinders. Further, it is well-known for its rotating electrical products, brakes, and wheel hubs for imported and domestic vehicles, light trucks, heavy duty, off-road, marine, and agricultural applications.
The company operates through the Automotive and Heavy Duty Truck segments, having both direct and indirect customers. Its main direct customers are auto parts retail and traditional auto parts chains like Autozone and Advance Auto Parts. MPAA also serves original equipment manufacturers, as well as professional installers, through distributors such as Uni-Select and others.
A key strategy that Motorcar Parts of America leverages is product enhancement and diversification to furnish its customer base with advanced solutions. It continually seeks to augment its product line by introducing novel technology-driven items while upgrading existing components.
With manufacturing facilities in the U.S., Mexico, Malaysia, and Taiwan, the company is capable of serving a global market. The broad and diverse nature of its product offerings, combined with a multi-pronged supply chain strategy, grants the company resilience amid industry fluctuations.
MPAA employs rigorous principles in quality management, making it one of the few companies in the industry to secure certifications like ISO9001, ISO14001, and IATF16949, pertaining to quality, environmental care, and safety respectively.
Over time, Motorcar Parts of America has established a strong reputation for exceeding customer expectations by delivering exceptional products, displaying admirable corporate citizenry, and always steering towards sustainability. This has legitimately fortified their long-standing position in the competitive automotive aftermarket industry.