Customers in Phomh Phen, Cambodia are able to buy fake car license plates from street vendors in the capital. The price for a fake license costs between $4.50 to $10. A typical Royal Cambodian Armed Forces plate costs $6.50, and is available within the day. On average, the vendor reports having between 5 to 10… Continue reading Fake Car License Plate for Sale in Cambodia
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… Continue reading Losses to Car Maker Nissan from Counterfeits in the UAE
According to the International Chamber of Commerce and the Federation of Indian Chambers of Commerce and Industry, the sales of counterfeits and smuggling of fake goods into India caused sales losses of $11.9 Billion in 2012. This amount represented 21.7 percent of sales losses to companies. Some of the consumer sectors that are impacted by… Continue reading Counterfeit Goods Market Value in India
The Automotive Component Manufacturers Association of India has reported that up to 20 percent of all road accidents that occur in India are due to counterfeit auto parts. The counterfeiting of parts affected over 400 companies in India. In addition to the fake auto parts, between 5 to 10 percent of products in the pharmaceutical… Continue reading Car Accidents in India Due to Fake Auto Parts
According to the Kyiv Motorist Club, one out of every three liters of fuel sold in Ukraine is substandard or counterfeit. The motor club conducted tests at major gas stations and found that 30 percent of the gas did not meet Ukraine or Euro standards. According to energy experts, the number of filling stations that… Continue reading Counterfeit Petrol Sold in Ukraine
The smuggling and sales of counterfeit goods in 7 major industries in India leads to a tax loss of $4.5 Billion (261 Billion Indian Rupees) to the government, according to a study by Ficci Cascade (Committee Against Smuggling and Counterfeiting Activities Destroying the Economy). The seven industries that were covered in the study included counterfeit auto… Continue reading Tax Losses to Counterfeits and Smuggling for Seven Industries in India
In February 2013, security officers in Saudi Arabia and the General Motors Global Investigations team seized over 50,000 counterfeit ACDelco parts. Among the fake auto parts that were seized were oil filters, air filters and wiper blades. Source: “50,000 counterfeit auto parts seized in KSA raids,” ConstructionWeekOnline.com, March 25, 2013.5
The World Trade Organization estimates that the counterfeiting of auto parts around the world results in the loss of some 250,000 jobs. Across all industries, the WTO estimates that counterfeit goods causes 750,000 jobs to be lost. Source: “Kingdom top in detection of counterfeit vehicle parts,” Saudi Gazette, February 27, 2013.
Counterfeit auto parts in the Middle East is estimated to be a $1 Billion market. Saudi Arabia was ranked first in the 2011 Global Customs Organizations Annual Report of detecting counterfeit auto parts within its border. Source: “Kingdom top in detection of counterfeit vehicle parts,” Saudi Gazette, February 27, 2013.
The United States National Highway Traffic Safety Administration reported that counterfeit airbags that can be installed in 0.1 percent of the entire vehicle fleet in the country, or about 250,000 cars on the road. Around tens of thousands of the counterfeit airbags are believed to have been installed in vehicles.