Around $200 million is lost in sales of auto parts to South Korean auto manufacturer Hyundai due to counterfeit parts made in China.
Category: Counterfeit Goods
News and information on the global counterfeit goods industry. Provides data and statistics on counterfeiting, piracy and other illegal activities.
Kenyan Motor Dealer Losses to Fakes
Motor dealers in Kenya lost 65 percent of their market share to counterfeits in 2006, up from 50 percent in 2005. In addition, over 80 percent of Toyota parts in Kenya were found to be counterfeit.
Losses to Auto Parts Suppliers in the United States
$3 Billion in revenue is lost to parts suppliers in the United States due to counterfeit auto parts.
Lost Sales to Ford From Fakes
Automaker Ford Motor Company losses up to $1 Billion to counterfeit auto parts each year.
Fake Alcohol Portion of Russia's Market
Counterfeit alcohol makes up to 40 percent of all alcohol sales in Russia.
Number of Deaths in Russia From Driving Fake Alcohol
42,000 people die every year in Russia from drinking counterfeit alcohol Source: Steven Eke, “Fake Russian alcohol ‘kills many’”, BBC News, June 23, 2006.
Price of a Counterfeit Bottle of Vodka in Russia
A counterfeit bottle of alcohol is offered as low as $0.60 in Russia.
Fake Parts in Airline Supply Chain in 1998
The Organisation for Economic Co-operation and Development reported in 1998 that as much as $1 billion of unapproved aircraft parts were in the warehouses of US Airlines and parts distributors.
Number of Fake Aircraft Parts in 2004
2 percent of the 26 million aircraft parts installed in planes are counterfeit. This translate into 520,000 parts that are estimated to be counterfeit.
Movie Industry in New Zealand Losses in 2005
According to the Copyright Council of New Zealand, in 2005 the movie industry in the country lost up to 25 percent of its revenue to movie piracy, or $49 Million (70 million New Zealand Dollars).