$1 billion


Ford loses $1b due to counterfeit parts

In a study by the U.S. Chamber of Commerce and the Coalition Against Counterfeiting and Piracy, Ford Motor Company is said to be losing about $1 billion per year due to counterfeit parts sales. Ford states that the real cost could be much higher, as it's impossible to determine the potential costs in terms of reduced safety related to these parts. Ford has a full-time staff that is tasked to pursue the manufacturers and resellers of these parts, but admits that legal action is very difficult to enforce outside of the US and Mexico. Other ... Read more →

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Autoblog Podcast #156: Paukert comes back for more! 

Chris, Dan, and Editor Paukert chat and give each other grief. Merriment ensues.

 
 

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