NAICS Code 423120-51 - Transmissions-Automobile (Wholesale)

Marketing Level - NAICS 8-Digit

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Total Companies

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NAICS Code 423120-51 Description (8-Digit)

Transmissions-Automobile (Wholesale) is a subdivision of the Motor Vehicle Supplies and New Parts Merchant Wholesalers industry. This industry involves the wholesale distribution of automobile transmissions, which are essential components of a vehicle's powertrain system. The transmissions are responsible for transmitting power from the engine to the wheels, allowing the vehicle to move forward or backward. Companies in this industry typically purchase transmissions directly from manufacturers and sell them to retailers, repair shops, and other businesses that require them.

Hierarchy Navigation for NAICS Code 423120-51

Tools

Tools commonly used in the Transmissions-Automobile (Wholesale) industry for day-to-day tasks and operations.

  • Transmission jacks
  • Torque wrenches
  • Transmission fluid exchange machines
  • Transmission coolers
  • Transmission rebuild kits
  • Transmission shift kits
  • Transmission pressure gauges
  • Transmission flush machines
  • Transmission seal installers
  • Transmission line disconnect tools

Industry Examples of Transmissions-Automobile (Wholesale)

Common products and services typical of NAICS Code 423120-51, illustrating the main business activities and contributions to the market.

  • Automatic transmissions
  • Manual transmissions
  • Continuously variable transmissions
  • Dual-clutch transmissions
  • Automated manual transmissions
  • Hybrid transmissions
  • Electric vehicle transmissions
  • Four-wheel drive transmissions
  • Rear-wheel drive transmissions
  • Front-wheel drive transmissions

Certifications, Compliance and Licenses for NAICS Code 423120-51 - Transmissions-Automobile (Wholesale)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • ISO 9001: This certification ensures that the company has a quality management system in place that meets international standards. It is provided by the International Organization for Standardization (ISO).
  • Automotive Service Excellence (ASE) Certification: This certification is provided by the National Institute for Automotive Service Excellence (ASE) and ensures that the technicians have the necessary skills and knowledge to perform repairs and maintenance on automobiles.
  • National Automotive Technicians Education Foundation (NATEF) Certification: This certification ensures that the training programs for automotive technicians meet industry standards. It is provided by the National Institute for Automotive Service Excellence (ASE).
  • Occupational Safety and Health Administration (OSHA) Certification: This certification ensures that the company has a safe working environment for its employees. It is provided by the Occupational Safety and Health Administration (OSHA).
  • Environmental Protection Agency (EPA) Certification: This certification ensures that the company is compliant with environmental regulations related to the handling and disposal of hazardous materials. It is provided by the Environmental Protection Agency (EPA).

History

A concise historical narrative of NAICS Code 423120-51 covering global milestones and recent developments within the United States.

  • The "Transmissions-Automobile (Wholesale)" industry has a long history dating back to the early 20th century when the first automatic transmission was invented by General Motors in 1939. This invention revolutionized the automobile industry and led to the development of more advanced and efficient transmission systems. In the 1950s, the industry saw a significant increase in demand due to the post-war economic boom and the rise of the automobile culture. The industry continued to grow in the following decades, with the introduction of computer-controlled transmissions in the 1980s and the development of hybrid and electric vehicles in the 2000s. In recent years, the industry has faced challenges due to the COVID-19 pandemic and the shift towards electric vehicles, but it continues to adapt and innovate to meet the changing demands of the market. In the United States, the "Transmissions-Automobile (Wholesale)" industry has a rich history that is closely tied to the growth of the automobile industry. The industry saw significant growth in the post-war period, with the rise of the automobile culture and the development of new transmission technologies. In the 1960s and 1970s, the industry faced challenges due to the oil crisis and the increasing demand for fuel-efficient vehicles. However, it continued to innovate and develop new technologies, such as the introduction of computer-controlled transmissions in the 1980s. In recent years, the industry has faced challenges due to the COVID-19 pandemic and the shift towards electric vehicles, but it remains an important part of the automotive supply chain.

Future Outlook for Transmissions-Automobile (Wholesale)

The anticipated future trajectory of the NAICS 423120-51 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Transmissions-Automobile (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for automobiles in the country. The rise in disposable income and the availability of financing options have led to an increase in the number of people buying cars. This trend is expected to continue, which will drive the demand for automobile parts, including transmissions. Additionally, the increasing popularity of electric vehicles is expected to create new opportunities for the industry. The industry is also expected to benefit from the growing trend of online sales, which will make it easier for wholesalers to reach a wider customer base.

Industry Innovations for NAICS Code 423120-51

Recent groundbreaking advancements and milestones in the Transmissions-Automobile (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Automatic Transmissions with More Gears: The development of automatic transmissions with more gears has been a recent innovation in the Transmissions-Automobile (Wholesale) industry. These transmissions offer better fuel efficiency and smoother shifting, which has led to an increase in demand for them.
  • Dual-Clutch Transmissions: Dual-clutch transmissions are another recent innovation in the industry. These transmissions offer faster shifting and better performance than traditional automatic transmissions, which has made them popular among car enthusiasts.
  • Continuously Variable Transmissions (Cvts): CVTs are a type of automatic transmission that offer better fuel efficiency than traditional automatic transmissions. They are becoming increasingly popular in the industry due to their ability to provide a smooth driving experience.
  • Hybrid Transmissions: Hybrid transmissions are a combination of electric and traditional transmissions. They are becoming more popular as the demand for electric vehicles increases.
  • Online Sales Platforms: The rise of online sales platforms has made it easier for wholesalers in the Transmissions-Automobile (Wholesale) industry to reach a wider customer base. This has led to an increase in sales and revenue for many companies in the industry.

NAICS Code 423120-51 - Transmissions-Automobile (Wholesale)

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