Counterfeit Auto Parts Market Value: $16 Billion

Counterfeit Auto Parts is the selling of unauthorized parts to be used in the repair and maintenance of an automobile.

The counterfeit auto parts market is estimated at $16 Billion.

This is higher than the previous $12 Billion estimate.

Source: David Blanchard, “While Automotive Industry Slumps, Bogus Suppliers Are Cleaning Up,” Industry Week Forums, August 20, 2008.

Fake parts reportedly cost Ford $1B,” CNNMoney.com, January 22, 2007, (accessed: September 25, 2007).



2 Responses to “Counterfeit Auto Parts Market Value: $16 Billion” »

  1. Comment by tom — July 9, 2010 @ 3:34 pm

    Sir:

    I would like to be employed the stopping of counterfeit auto parts.Have you any idea,what companies I can approach?

    Tom

  2. Comment by tom — July 9, 2010 @ 3:35 pm

    Sir:

    I would like to create my own business at home to stop counterfeit auto parts. Any companies I could pursue?

    Tom

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