Benzinga | Sep 22, 2021 02:23PM EDT

Motorcar Parts Of America Subsidiary Signs Distribution Partnership In Europe

* Motorcar Parts Of America Inc's (NASDAQ:MPAA) wholly-owned subsidiary D&V Electronics has signed a distribution partnership with TECTRA a.s. to accelerate electric vehicle testing solution sales in the European market.

* TECTRA is a testing solutions and services provider for customers in Central and Southeastern Europe.

* "We look forward to working with TECTRA a.s. to take advantage of the exciting opportunities in the Czech Republic," said Bill Hardy, CEO of D&V Electronics.

* Price Action: MPAA shares are trading higher by 4.62% at $19.71 on the last check Wednesday.