Motorcar Parts of America Declares New Accountant

Motorcar Parts of America, the leading provider of Aftermarket Performance Parts specifically remanufactured automotive starters and alternators, has just announced that it has appointed Ernst & Young LLP as the company’s new and independent public accounting firm. Such an agreement took effect on December 4, 2007.

Selwyn Joffe, MPA Chairman, CEO, and President, has this to say: “We are pleased to have engaged Ernst & Young as our new public accounting firm and look forward to working with them in the future.”

Earlier, MPA was also in the news when it has announced the start of its participation on the NASDAQ Global Market under the stock symbol “MPAA.”

For this, Joffe was quoted as saying: “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.”

Cited below is a brief profile of Motorcar Parts of America. However, for more details and information, please visit the following sites: www.motorcarparts.com and www.quality-built.com.

About MPA
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. MPA has facilities in the United States in
Torrance, California, and Nashville, Tennessee, as well as in Mexico,
Singapore and Malaysia.

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