Major Group SIC 7515 - Passenger Car Leasing

SIC 7515 - Passenger Car Leasing

SIC 75 - Automotive Repair, Services, And Parking
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 751 - Automotive Rental And Leasing, Without Drivers
  SIC 751 - Automotive Rental And Leasing, Without Drivers SIC 752 - Automobile Parking SIC 753 - Automotive Repair Shops SIC 754 - Automotive Services, Except Repair
  - SIC 7515 - Passenger Car Leasing
    SIC 7513 - Truck Rental And Leasing, Without Drivers SIC 7514 - Passenger Car Rental SIC 7515 - Passenger Car Leasing SIC 7519 - Utility Trailer And Recreational Vehicle Rental

Establishments primarily engaged in extended-term leasing of passenger cars without drivers. Establishments primarily engaged in finance leasing of automobiles are classified in Finance, Industry 6159.

Industry trends:

In recent years, the Passenger Car Leasing industry (NAICS 7515) has experienced several notable qualitative trends. One of the primary trends is the increasing shift toward electric vehicles (EVs). Leasing companies are expanding their EV offerings as consumers and businesses alike become more environmentally conscious and government regulations around emissions tighten. This trend is expected to continue, with forecasts suggesting a significant rise in the number of electric vehicles in leasing fleets over the next five years.

Another important trend is the growing influence of technology on leasing services. Digital platforms and mobile apps have revolutionized the way consumers interact with leasing companies, offering seamless and convenient experiences from the initial application to vehicle maintenance and eventual return. These platforms are anticipated to become even more sophisticated, incorporating AI and data analytics to enhance customer satisfaction and operational efficiency.

Subscription-based models are also gaining traction as a flexible alternative to traditional car leasing. These models allow consumers to switch vehicles more frequently, aligning with the trend toward a more on-demand, service-oriented economy. This flexibility is particularly appealing to younger consumers who prioritize access over ownership.

Forecasts indicate that economic factors such as interest rates and global supply chain disruptions will continue to impact the industry. Companies that can adapt to these variables while maintaining a focus on sustainable and technology-driven solutions are likely to outperform. Overall, the Passenger Car Leasing industry is poised for transformative growth, driven by innovation and evolving consumer preferences.

This industry is comprised of:

Automobile leasing, except finance leasing: without drivers

Passenger car leasing, except finance leasing: without drivers

Explore related industries:

SIC 4741 - Rental of Railroad Cars SIC 6159 - Miscellaneous Business Credit Institutions SIC 7359 - Equipment Rental And Leasing, Not Elsewhere Classified

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