Motorcar Parts of America is a privately owned company headquartered in Torrance, California, US. Founded in 1968, the company employs approximately 380 individuals. It functions as a remanufacturer, manufacturer, and distributor of automotive aftermarket parts.
On September 16, 2026, Motorcar Parts of America announced that shareholders supported changes to its incentive award plan, ratified the auditor, and voted on director elections and executive compensation during its Annual Meeting of Shareholders held on September 10, 2026. An 8-K filing on September 15, 2026, formally reported these events. Previously, on August 17, 2026, Motorcar Parts of America Inc. reaffirmed its fiscal 2027 financial targets, projecting a 7.5% to 10.2% year-over-year increase in net sales for the fiscal year ending March 31, 2027. This reaffirmation came despite first-quarter sales headwinds attributed to order timing and competitor inventory liquidations. Management highlighted expected growth drivers for the second half of the year, including the relaunch of the Centric Parts brand—which the company acquired—and the relocation of heavy-duty operations to Mexico. The company also reported exploring strategic alternatives for its EV emulator business, a growing installed base for its JBT-1 benchtop tester diagnostic business, and a strong liquidity position of approximately $112.4 million in cash and availability as of June 30, 2026. Its strategy focuses on nondiscretionary aftermarket categories, supported by favorable industry dynamics like the increasing average age of the U.S. vehicle fleet.
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