Automotive Aftermarket Security Infrastructure Recommendations for Product Authentication and Traceability to Combat Counterfeit
Date
18 Sep 2008
Sections
Transport
Innovation & Enterprise
Trade & Society
Competition
Major European automotive component & equipment manufacturing companies,
represented by the CLEPA (European Association of Automotive Suppliers), started last year a standardized process to combat counterfeiting of automotive parts. In addition to posing a threat to consumer safety, it is estimated that product piracy costs the global automotive parts industry € 5-10 billion per year.