During the state of the market industry panel presented by Gart Sutton & Associates, the president of Martin Racing Performance, Joel Martin, announced the latest merger and acquisition of the company. “I am proud to announce MRP has obtained all the assets of United Motors, this includes the largest private label Hyosung OEM parts cache in North America as well as the complete lineup of accessories and parts,” said Martin. “We strongly believe that many dealers and end users have become orphan customers without access to many of these parts. It is our duty to consolidate this part of the industry, to help the dealers find UM parts and to provide our customers with a one-stop location for all their parts.”
United Motors of America ceased its U.S. operations in February. The company continues to operate in Colombia and other parts of Central and South America. MRP purchased the inventory and assets from the banking institutions that held the liens on the company, MRP is not responsible for any warranties, liabilities or consumer issues.