Motorcar Parts of America, Inc. Begins Trading on the NASDAQ Global Market
LOS ANGELES - December 3, 2007: Motorcar Parts of America, Inc., a provider of remanufactured alternators and starters for the automotive aftermarket, announced today that it began trading this morning on The NASDAQ Global Market under the symbol "MPAA."
"The listing of our securities on The NASDAQ Global Market is an important step in increasing our visibility in the market, improving the liquidity of our stock and expanding our shareholder base," commented Selwyn Joffe, Chairman, President and CEO of the Company.
About the Company
Motorcar Parts of America, Inc. is a leading remanufacturer of
replacement alternators and starters for imported and domestic cars and
light trucks in the United States and Canada. The Company has facilities in
the United States in Torrance, California, and Nashville, Tennessee, as
well as in Mexico, Singapore and Malaysia.