MPAA news

Motorcar Parts of America Inc. amended its stock incentive plan to set a share issuance cap at 1.78 million, effective September 10, 2026. The move allows for the issuance of additional shares under award programs.

Motorcar Parts of America reported Net Sales of $168.0M for Q3 FY2027, with guidance reaffirmed. The company expects strong growth driven by new business and brake-related products.

The company executed an amendment to extend Executive Selwyn Joffe's term through July 1, 2029. This move solidifies the continuity of the compensation committee chair role.

Motorcar Parts of America reported strong fiscal 2026 fourth quarter results with net sales increasing 9.9% to $212.3 million and net income of $9.7 million compared to a net loss of $722,000 in the prior year, with gross margin expanding to 23.7%. The company cited significant new business commitme…