Motorcar Parts of America’s Chief Executive Honored by Federated Auto Parts for Contributions to Industry; Inducted to Vend...
April 15 2021 - 2:00PM
Business Wire
Motorcar Parts of America, Inc. (Nasdaq:MPAA) today announced
Selwyn Joffe has received Federated Auto Parts’ 2021 Vendor Hall of
Fame award.
Induction to the Federated Vendor Hall of Fame is an annual
award in recognition of exceptional contributions to Federated Auto
Parts and its members by an individual. The award was presented by
Bo Fisher, co-chairman of the Automotive Parts Services Group, at
the recent 2021 “The Group” Virtual National Conference &
Expo.
“It is a great honor to be selected as an inductee to the
Federated Vendor Hall of Fame and join such a distinguished group
of automotive aftermarket professionals. This recognition would not
have been possible without the support of the entire Motorcar Parts
of America team; and all of us look forward to the continued
success of The Group and its members,” said Selwyn Joffe, chairman,
president and chief executive officer.
Joffe has served as chairman of the board of Motorcar Parts of
America, Inc. since 1999 and a director since 1994. Since 2003 he
has served as chairman, president and chief executive officer of
the company. He served as one of the founding members on the board
of directors of the Motor and Equipment Remanufacturers
Association, an industry trade association. In addition, Joffe
serves on the board of directors of the California, Arizona, and
Nevada Automotive Wholesaler’s Association (CAWA), also an industry
trade association. He has been a long-time supporter of the
University of the Aftermarket through CAWA and has a scholarship
program named after him for the University through CAWA. He is a
graduate of Emory University with degrees in both business and law
and is an inactive member of the bar of the State of Georgia, and a
certified public accountant.
ABOUT FEDERATED AUTO PARTS
Federated Auto Parts, headquartered in Staunton, Virginia, is
one of the largest auto parts distribution and marketing
organizations in North America. Federated is dedicated to
supporting its customers with quality name brand parts, programs
designed to grow their businesses, and experienced people who are
knowledgeable in today’s evolving automotive technology. For more
information, visit www.federatedautoparts.com.
ABOUT MOTORCAR PARTS OF AMERICA
Motorcar Parts of America, Inc. is a remanufacturer,
manufacturer, and distributor of automotive aftermarket parts --
including alternators, starters, wheel bearings and hub assemblies,
brake calipers, brake master cylinders, brake power boosters,
turbochargers, and diagnostic testing equipment utilized in
imported and domestic passenger vehicles, light trucks, and
heavy-duty applications. Its products are sold to automotive retail
outlets and the professional repair market throughout the United
States, Canada, and Mexico, with facilities located in California,
New York, Mexico, Malaysia, China and India, and administrative
offices located in California, Tennessee, Mexico, Singapore,
Malaysia, and Canada. In addition, the company’s electrical vehicle
subsidiary designs and manufactures testing solutions for
performance, endurance, and production of multiple components in
the electric power train – providing simulation, emulation, and
production applications for the electrification of both automotive
and aerospace industries, including electric vehicle charging
systems. 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 2020 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20210415005921/en/
Gary S. Maier Motorcar Parts of America, Inc. (310) 972-5124
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