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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):    November 10, 2006
Motorcar Parts of America, Inc.
 
(Exact name of registrant as specified in its charter)
         
New York   0-23538   11-2153962
         
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)
         
2929 California Street, Torrance CA
  90503
     
(Address of principal executive offices)
  (Zip Code)
Registrant’s telephone number, including area code: (310) 972-4005
     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
     o     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
     o     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
     o     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
     o     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


 

Item 1.01. Entry into a Material Definitive Agreement.
     On November 10, 2006, the registrant entered into an amendment to its credit facility with Union Bank of California, N.A. The amendment modified the calculation of cash flow to eliminate the effect of a specific balance sheet adjustment and decreased the minimum required current ratio. This amendment was effective as of September 30, 2006 and for the quarter then ended. A copy of the amendment is attached hereto as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
  (d)   Exhibits
             99.1     Fifth Amendment to Credit Agreement dated as of November 10, 2006 between Motorcar Parts of America, Inc. and Union Bank of California, N.A.

 


 

SIGNATURES
     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
  MOTORCAR PARTS OF AMERICA, INC.

 
 
Date: November 16, 2006  /s/ Mervyn McCulloch    
  Mervyn McCulloch   
  Chief Financial Officer