Motorcar Parts of America, Inc. Announces Executive Changes
January 10, 2019 at 09:00 am
Share
Motorcar Parts of America, Inc. has acquired Ontario, Canada-based Dixie Electric Ltd. in a stock purchase transaction. Peter Murnen, a veteran of the aftermarket industry and most recently vice president of marketing for Motorcar Parts of America based in the corporate office in California, will relocate to Ontario, Canada to serve as chief operating officer.
Motorcar Parts of America, Inc. is a remanufacturer, manufacturer, and distributor of automotive aftermarket parts. Its automotive aftermarket parts include alternators, starters, wheel bearings and hub assemblies, brake calipers, brake pads, brake rotors, brake master cylinders, brake power boosters, turbochargers, and diagnostic testing equipment. Its segments include the Hard Parts segment, which includes light duty rotating electric products, wheel hub products, and brake-related products; the Test Solutions and Diagnostic Equipment segment, which includes applications for combustion engine vehicles, test solutions and diagnostic equipment for the pre- and post-production of electric vehicles, and software emulation of power systems applications for the electrification of all forms of transportation; and the Heavy Duty segment, which includes non-discretionary automotive aftermarket replacement hard parts for heavy-duty truck, industrial, marine, and agricultural applications.