Counterfeit Auto Parts Market Value: $16 Billion

Filed under: Counterfeit Goods and Piracy

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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