Losses to Car Maker Nissan from Counterfeits in the UAE

in Business Risk, Counterfeit Goods

According to company officials, Japanese motor company Nissan losses about $60 Million each year to counterfeit auto parts in the United Arab Emirates. These fake car parts include brake pads, radiators, windscreens and other vehicle parts.

In the Gulf Cooperation Council, which includes Baharain, Kuwait, Omanm, Qatar, Saudi Arabia and the UAE, the counterfeit auto parts market is estimated to be worth $2 Billion.

(See all information on fake auto parts.)

Source:  Tom Arnold, “Smuggling in the UAE: Counterfeit goods seeping into ports daily,” The National, May 17, 2014.

Previous post:

Next post: