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3 Deadly Mistakes You're Making with Counterfeit Car Parts!
Buyer beware - 3 Deadly Mistakes You're Making with Counterfeit Car Parts!
The National Intellectual Property Rights Coordination Center (IPR Center) just launched a new campaign, “Put the Brakes on Fakes,” to warn vehicle owners and drivers to be on high alert for potentially deadly counterfeit auto parts. The campaign has support from Homeland Security Investigations (HSI), U.S. Customs and Border Protection (CBP), the Automotive Anti-Counterfeiting Council and the National Highway Traffic Safety Administration (NHTSA). It also follows the NHTSA’s consumer airbag alert in July urging used car buyers and owners to beware of cheap, substandard replacement airbag inflators that can cause death or serious injury in a crash.
Here are some stats:
* CBP has seized more than 211,000 counterfeit automotive parts in fiscal year 2024, almost doubling the number of counterfeit automotive parts seized the previous year. Of those, CBP has seized more than 490 counterfeit airbags — more than 10 times the number of counterfeit airbags seized in fiscal year 2023.
* HSI also has approximately 40 open investigations into counterfeit automotive parts.
* In fiscal year 2023, CBP and HSI seized about 20,000 shipments containing goods that violated Intellectual Property Rights, equating to nearly 23 million counterfeit items. The total estimated manufacturer’s suggested retail price of the seized goods would have amounted to over $2.75 billion had they been genuine parts. Out of those shipments, almost 100,000 items were counterfeit automotive goods, with a MSRP of over $10 million.
Here are our top three tips on how to spot counterfeit car parts.
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3 Deadly Mistakes You're Making with Counterfeit Car Parts!
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