Tens of thousands of the fake and counterfeit car parts seized in a raid in the United Arab Emirates (UAE) late last week are likely to have been destined for Australia, say investigators. The confiscation, in which over 500,000 fake and counterfeit car parts were seized, was the largest of its kind in Abu Dhabi’s …
THOUSANDS OF FAKE CAR PARTS SEIZED, HEADED FOR AUSTRALIAN ROADS Read More »
Recent media has suggested that a mark-up of up to 1000 per cent is being applied to genuine parts. Depending on the size, make and complexity, the modern motor vehicle is made up of between 3,000 to 4,000 individual components. If each of these components is produced, stored, inventoried, priced separately, then individually packaged and …
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