Major Group SIC 5012 - Automobiles And Other Motor Vehicles

SIC 5012 - Automobiles And Other Motor Vehicles

SIC 50 - Wholesale Trade-durable Goods
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 501 - Motor Vehicles And Motor Vehicle Parts And Supplies
  SIC 501 - Motor Vehicles And Motor Vehicle Parts And Supplies SIC 502 - Furniture And Home Furnishings SIC 503 - Lumber And Other Construction Materials SIC 504 - Professional And Commercial Equipment And Supplies SIC 505 - Metals And Minerals, Except Petroleum SIC 506 - Electrical Goods SIC 507 - Hardware, And Plumbing And Heating Equipment And Supplies SIC 508 - Machinery, Equipment, And Supplies SIC 509 - Miscellaneous Durable Goods
  - SIC 5012 - Automobiles And Other Motor Vehicles
    SIC 5012 - Automobiles And Other Motor Vehicles SIC 5013 - Motor Vehicle Supplies And New Parts SIC 5014 - Tires And Tubes SIC 5015 - Motor Vehicle Parts, Used

Establishments primarily engaged in the wholesale distribution of new and used passenger automobiles, trucks, trailers, and other motor vehicles, including motorcycles, motor homes, and snowmobiles. Automotive distributors primarily engaged in selling at retail to individual consumers for personal use, and also selling a limited amount of new and used passenger automobiles and trucks at wholesale, are classified in Retail Trade, Industry 5511.

Industry trends:

The automobile industry, classified under NAICS 5012, is undergoing significant shifts influenced by various qualitative trends. One of the most prominent trends is the increasing shift towards electric vehicles (EVs). This move is driven by heightened environmental awareness and stricter emissions regulations globally. Major car manufacturers are investing heavily in EV technology research and development to stay competitive.

Another trend is the rise of autonomous driving technology. While fully autonomous vehicles are still in the development phase, semi-autonomous features like adaptive cruise control and lane-keeping assist are becoming standard in new models. This technology is expected to evolve rapidly, with forecasts suggesting significant advancements within the next five years.

The integration of advanced digital technologies is also reshaping the industry. Connectivity features, such as internet-enabled infotainment systems and vehicle-to-everything (V2X) communication, are becoming key differentiators for consumers. This trend is likely to continue, with further integration of artificial intelligence and machine learning to enhance predictive maintenance and personalized driving experiences.

Moreover, consumer preferences are shifting towards shared mobility solutions, such as car-sharing and ride-hailing services. This is particularly evident in urban areas where the cost of vehicle ownership is high. The industry is responding by exploring new business models that cater to this change.

In conclusion, the future of the automobile industry will be shaped by the rapid adoption of electric and autonomous vehicles, the incorporation of advanced digital technologies, and a shift towards shared mobility solutions. These trends indicate a transformative period for the industry with significant innovation and strategic partnerships expected to emerge. Companies that adapt to these changes swiftly are likely to gain a competitive edge in the market.

This industry is comprised of:

Ambulances-wholesale

Automobile auction-wholesale

Automobiles-wholesale

Bodies, automotive-wholesale

Buses-wholesale

Campers (pickup couches) for mounting on trucks-wholesale

Mopeds-wholesale

Motor homes-wholesale

Motor scooters-wholesale

Motor vehicles, commercial-wholesale

Motorcycles-wholesale

Popup campers-wholesale

Recreational vehicles-wholesale

Snowmobiles-wholesale

Taxicabs-wholesale

Trailers for passenger automobiles-wholesale

Truck tractors-wholesale

Truck trailers-wholesale

Trucks-wholesale

Vans-wholesale

Explore related industries:

SIC 3711 - Motor Vehicles And Passenger Car Bodies SIC 5599 - Automotive Dealers, Not Elsewhere Classified SIC 5932 - Used Merchandise Stores

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