Motorcar Parts of America(US:MPAA)2025-02-10 19:56Company Overview and Strategy - Motorcar Parts of America (MPA) positions itself as a global leader in automotive parts and solutions[2] - The company has a global network of manufacturing and distribution facilities[5, 6] - MPA focuses on premium non-discretionary replacement hard-part offerings and component testing equipment[8] - The company emphasizes a scalable infrastructure to support growth and profitability, with 96% offshore production and an international workforce of approximately 6,000[11, 12] Market Opportunities - MPA highlights significant opportunities within multiple non-discretionary automotive replacement part categories in the U S market, including a $9.62 billion market for brake pads and rotors[14, 17] - The company sees a large market opportunity in its strategic brake product line, leveraging its current customer base and new customer opportunities[19, 20] - Consistent increases in average vehicle age, annual miles driven, and the expanding size of the total car parc bode well for the automotive aftermarket[24] Value-Added Programs - MPA has long-standing customer relationships with national retailers, traditional aftermarket outlets, and OES suppliers[25] - The company offers value-added programs through its award-winning marketing, merchandising, and sales team partnerships[29] - MPA provides a comprehensive suite of services through its Motorcar Parts Street SmartTM Suite, including market analysis, tailored customer programs, and category management[30]