In India, 40% of auto parts sold were fake. Theestimated value of fake spare auto parts in the aftermarket was Rs. 10.5K – 14K.(2014, ACMA)
In China, the reason of the autoparts quality and assembly technology accounted for 70% to cause the car faults. Morethan 50% of car faults caused by using fake auto parts . 56% of Chinese car users have used thefake parts in their cars. In all car accidents, 13% is caused due to fake parts. (2013,CAAM)
An example : A tool for Consumers to ensure the genuine Car parts
One consumer needs tomaintain his/her car in 4S shop.He/she pays up and picks up his/hercar. Finally, he/she replaced 3 car parts. But how can he/she ensures that the parts were Genuine?
Increase the Resale Value of Cars
- Complete Car MaintenanceRecords
- Encourage use of genuineoriginal replacement parts only
- Convenience for car owner sand buyers to easily inquire all the car records
- Security on the road
Boost consumer confidence!