Cure for the counterfeiting pandemic in the automotive industry
The annual cost of counterfeiting to the automotive industry is £28 billion. As counterfeits are designed to be as perfect replicas as possible, not even car mechanics and other professionals can recognize a counterfeit when they see one.
Legitimate manufacturers invest substantial resources in research and product development and in building a reputation for quality among consumers.
Counterfeiters seek to profit from this work and reputation. The sales and profits lost because of this unfair competition translate directly into lower wages, lost jobs, and higher prices for consumers.
For the automotive industry, the good news is that a solution is now available for protecting companies and their shareholders and customers.
Confidex and Sasken proudly present the Dynamic Parts AuthenticationTM solution.
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