LOS ANGELES, Aug. 23, 2012 (GLOBE NEWSWIRE) -- Motorcar Parts of America, Inc. (Nasdaq:MPAA) today announced its Fenco subsidiary has signed a multi-faceted strategic cooperative agreement with one of the world's largest automotive manufacturers of new undercar products -- including a $20 million trade line of credit for Fenco, joint sourcing and quality commitments, as well as expected joint product development and marketing initiatives.
Motorcar Parts Of America Subsidiary Enters Into Strategic Cooperative Agreement With Global Automotive Parts Manufacturer
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