Billion Dollars in Lost Revenue
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Vehicles are purchased in Canada, United States, Europe, Mexico, and the Middle East, and then imported into other regions for resale at unauthorized dealers. This practice is often referred to as grey market exporting or parallel importing. ParallelProof uses technology to manage and prevent vehicles from ever being sold to individuals that intend to export them – saving these OEMs billions of dollars in lost revenue.
Billion Dollars in Lost Revenue
Brands Affected
Vehicles Exported
Major Regions Vehicles Being Exported From
Due to inventory shortages and shifting economies, grey market exporting has increased substantially. Vehicles are now being grey market exported to more regions of the world than ever seen before!
To learn more about how it works and what we’re doing to prevent grey market exporting, request a copy of our white paper now!