With cash-strapped consumers looking for a bargain, the risk increases of ending up with an unsafe part. Picture: ISTOCK
The fake bearings, which were being sold to motorists under the guise of genuine NSK products, were uncovered in an operation by the Hawks in April.February where R80m of illegal automotive friction materials was destroyed at the National Regulator for Compulsory Specifications , an agency of the Department of Trade, Industry and Competition.
Tepa national chair Johann van de Merwe says to curb access to those illegal and inferior quality automotive parts, Tepa was engaging the relevant compliance authorities to prevent those parts from entering the aftermarket. As the economy continues to tighten, more and more of these substandard products are creeping in and falling into the hands of cash-strapped consumers who do not realise the full affect of using inferior or counterfeit parts as they are referred to in the trade, Tepa said.
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JSE gets first listing by a local company in two yearsCA Sales, a logistics, distribution and marketing company, plans to launch on the JSE on June 27 with a market capitalisation of about R2.1bn
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