Can you spot the knock-off? Counterfeiters have become more sophisticated, making it difficult for the untrained eye to spot knock-offs.
WASHINGTON, D.C. — A Bendix official yesterday addressed the US Chamber of Commerce regarding the dangers posed by counterfeit truck parts.
Andy Cifranic, brand manager for Bendix, represented the transport industry on a panel on counterfeiting. The panel was part of the launch of the US Chamber of Commerces No Trade in Fakes Supply Chain Tool Kit which was launched yesterday.
“In the commercial vehicle industry, particularly within the braking system, the significance among affected manufacturers is more than lost revenue,” Cifranic said. “Counterfeit parts raise a legitimate concern for vehicle performance and, ultimately, highway safety. The nature of our business involves efficiently stopping heavy vehicles, so any compromise to the integrity of vehicle braking systems due to poorly manufactured knock-off components can have serious consequences on our brand, our customers and highway safety in general.”
US Immigration and Customs Enforcement says parts counterfeiting has increased in magnitude and complexity, costing industry billions of dollars as well as posing safety risks. More than 14,000 counterfeit goods were seized in 2006 a 67% increase over the previous year.
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