Monday, June 29, 2009

CPI Taiwan have sold their US parts warehouse and inventory to MRP


From Motorsports Newswire:

CPI Taiwan have sold their US parts warehouse and inventory to MRP
27 06 2009

Miami, FL, June 18, 2009 – (Motor Sports Newswire) – Martin Racing Performance a supplier of OEM and Performance Scooter, ATV, and Go Kart parts will now be the source of CPI replacement parts in North America. CPI is a Taiwanese scooter manufacturer whose success in Europe translated into 50,000 units sold in 2008.

CPI has closed its US facilities and distribution point and will concentrate on selling vehicles direct to multiple distributors and US dealers from Taiwan without US offices, said Joel Martin president of MRP. Martin Racing Performance is solely dedicated to wholesale parts distribution and will not be handling the scooter sales only the parts sales.

“MRP saw this as a great opportunity to expand our dealer base and to capture more of the OEM parts business plus CPI can operate leaner without the expenses of a parts warehouse” Joel Martin said. “Over the years CPI sold over 12,000 units branded under the MuZ brand until 2003, under JAG Powersports, and eventually 10,000 pieces as CPI starting in 2005.”

Martin further commented “All the parts have been moved from the Dallas CPI USA headquarters to MRP and dealers can expect to see them on our website starting in July.”

So far in 2009 MRP has expanded by acquiring the QJ – Keeway Southeast distribution parts warehouse, the Diamo USA / LS Motorsports / Italjet USA parts warehouse, and CPI USA.

The company has OEM parts for Malaguti scooters of Italy, MH Spain, RX, Loncin, Lifan, Linhai, Zongshen, Wangye, MS UTVs, and CPI Taiwan. In addition the company distributes performance parts from Athena, Malossi, Turbo Kit, Innova, Vee Rubber, Duro, Bando, Gates, Powerlink, Posh, Maxxis, Namura, Scooter Ninja, Slipstreamer, and MRP.

Products carried by MRP can be obtain exclusively at select Motorcycle Dealerships and Repair Shops in the USA. MRP is the one stop wholesale ONLY scooter, buggy, and ATV parts distributor. For a list of retailers visit www.mrp-speed.com

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