PIRACY AND COUNTERFEITINGFake products cause financial damage and endanger people Counterfeiting and intellectual property rights violations cost the global automotive industry approximately $12 billion per year, according to MEMA, a global automotive trade association. Pirate, reverse engineered and look-alike products risk more than the brand’s reputation. Counterfeit goods harm the financial integrity and competitiveness of national and regional economies. Fake products hurt individual businesses that have invested for years in research and development, and manufacturing facilities. Commercial owners and operators who knowingly or unwittingly use counterfeit parts are running illegitimate risks such as impairing vehicle performance, compromising reliability, reducing safety and lessening the life of vehicle systems, components and parts. Counterfeit products increase repair expenses, inflate operating costs and damage business reputations, among other negative consequences. Low cost, poor quality materials often combine with unreliable assembly or inferior fittings to create counterfeit products that put lives at risk: drivers, passengers, fellow motorists and the general public. WABCO Wins Criminal Conviction Against Counterfeit Supplier in Dubai WABCO works within its trade associations
WABCO’s brand protection program
For more information on the counterfeit activities find the related info on the websites of our Trade associations and Partners
|















