A massive haul of counterfeit Toyota car parts, a significant proportion of which was destined for sale in Australia, has been uncovered in Guangzhou City in south-east China in a raid conducted by Chinese police acting on information provided by Toyota Australia. Around 33,000 fake parts, with an estimated retail value of over $1 million, …
CHINESE RAID CAPTURES COUNTERFEIT CAR PARTS DESTINED FOR AUSTRALIA Read More »
The boom in e-commerce and steady economic recovery following the Global Financial Crisis has re-energised the trade in fake car parts around the globe, with Australia squarely in the sights of the counterfeiters in a trade worth billions of dollars a year. According to a new report by the OECD and the EU’s Intellectual Property …
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