NAICS 42314 - Motor Vehicle Parts (Used) Merchant Wholesalers
This industry comprises establishments primarily engaged in the merchant wholesale distribution of used motor vehicle parts (except used tires and tubes) and establishments primarily engaged in dismantling motor vehicles for the purpose of selling the parts.
Industry trends:
The NAICS 42314, Motor Vehicle Parts (Used) Merchant Wholesalers industry is currently observing several qualitative trends. Environmental sustainability is becoming a significant driver, with increased consumer and regulatory focus on recycling and reducing waste. This trend is pushing wholesalers to emphasize the sourcing and distribution of high-quality used parts, promoting the circular economy. Additionally, advancements in e-commerce and digital platforms are transforming the sales and distribution channels, with a shift toward online marketplaces that offer greater reach and convenience for both buyers and sellers.
Data analytics and inventory management technologies are also being increasingly adopted, enabling wholesalers to optimize their stock levels, track parts more efficiently, and respond swiftly to market demand. Partnerships between traditional wholesalers and tech startups are facilitating innovations in sourcing, logistics, and customer service, thereby enhancing overall operational efficiency.
Looking ahead, these trends are expected to continue shaping the industry. The demand for sustainable and cost-effective vehicle maintenance solutions will likely grow, driven by both consumer preference and tightening regulations. Digital transformation will further accelerate, with AI and machine learning playing pivotal roles in predictive maintenance and inventory forecasting. Wholesalers who adapt to these trends will likely see improved competitiveness and market share in the near future.
This industry is comprised of:
Generators, motor vehicle electrical, used, merchant wholesalers
Motor vehicle parts, used, merchant wholesalers
Parts, used, motor vehicle, merchant wholesalers
Used parts, motor vehicle, merchant wholesalers
Explore related industries:
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
With iCFO You Get
What Is iCFO?
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Sound Business Analysis
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
Your Business’ Health In Minutes
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.