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Valeo fights relentlessly against counterfeit spare parts

PARIS, France, October 7th 2010 In a continuous effort to eradicate pirated products, Valeo once again, during the recent trade show Automechanika in Frankfurt Germany, identified and took immediate actions against counterfeiters.

Valeo strategy is to enforce its rights throughout the world whenever its technology, trademarks or style are infringed or copied. This is of vital importance as no less than 5 to 10% of automotive spares are pirated, according to recent estimates. The impact on business represents an estimated value of 10 billion worldwide as the counterfeiters not only copy the brands and logos, but also patents and technology which required heavy investment in research and development on the part of automotive suppliers. The impact on the European consumers also comes with a high cost as counterfeiters are prepared to put potentially dangerous products on the market, and they also threaten jobs and the image of these suppliers and their distributors.

At the show, Valeo experts identified numerous cases of potential counterfeiting - pirated products, models and patents - involving wiper blades and their packaging, originating in various locations. Identified potential counterfeits included several supposedly compatible copies of Valeo Flat Blade wipers. This innovative product was launched by Valeo in 2003, and won several awards for innovation and design. As a result of these investigations, several seizures of counterfeit products were made by the German customs authorities.

Valeo reminds motorists that the use of counterfeit products can be dangerous: counterfeit wiper blades can pose risks from ineffective wiping, rapid corrosion, and hazardous fittings, which compromise the driver's visibility and safety.

Valeo continuous investment for quality and performance is regularly rewarded by consumer associations and independent sources, as illustrated by the latest recognition for Flat Blade:

in Germany, two Valeo Flat Blades* were on the winners podium for a test organized by the largest European Automobile Club, ADAC (17 million members);

in Russia, the influential and very popular car magazine Za Rulyom recognized Valeo Silencio X-trm as the most effective in a test comparing 14 different products;

in the U.S, the magazine Consumer Reports (more than 8 million readers for both print and web) in its next issue in October 2010 will recommend to its readers Valeo 600 series, designating them as 'best choice'.

Valeo is determined to defend these investment benefiting customers through any appropriate actions against counterfeiters.