NAICS Code 423120-54 - Springs-Auto-Sales & Service (Wholesale)
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NAICS Code 423120-54 Description (8-Digit)
Hierarchy Navigation for NAICS Code 423120-54
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Tools
Tools commonly used in the Springs-Auto-Sales & Service (Wholesale) industry for day-to-day tasks and operations.
- Coil spring compressor
- Strut spring compressor
- Spring tester
- Spring compressor tool set
- Spring bushing tool kit
- Spring spreader
- Spring hook
- Spring pliers
- Spring clip tool
- Spring tension gauge
Industry Examples of Springs-Auto-Sales & Service (Wholesale)
Common products and services typical of NAICS Code 423120-54, illustrating the main business activities and contributions to the market.
- Leaf springs for trucks
- Coil springs for cars
- Suspension springs for SUVs
- Torsion bars for off-road vehicles
- Air springs for commercial trucks
- Shock absorber springs for motorcycles
- Brake springs for passenger cars
- Steering springs for heavy-duty vehicles
- Transmission springs for buses
- Clutch springs for race cars
Certifications, Compliance and Licenses for NAICS Code 423120-54 - Springs-Auto-Sales & Service (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- National Institute for Automotive Service Excellence (ASE) Certification: ASE certification is a widely recognized certification for automotive professionals in the US. It is a voluntary certification that tests the knowledge and skills of automotive professionals in various areas such as engine repair, brakes, suspension, and steering. The certification is provided by the National Institute for Automotive Service Excellence (ASE).
- Automotive Service Association (ASA) Certification: ASA certification is a certification for automotive repair shops that meet certain standards of quality and professionalism. The certification is provided by the Automotive Service Association (ASA).
- Environmental Protection Agency (EPA) Certification: EPA certification is required for businesses that work with refrigerants, such as those used in air conditioning systems. The certification is provided by the Environmental Protection Agency (EPA).
- Occupational Safety and Health Administration (OSHA) Certification: OSHA certification is required for businesses that work with hazardous materials, such as those used in automotive repair. The certification is provided by the Occupational Safety and Health Administration (OSHA).
- National Safety Council (NSC) Certification: NSC certification is a certification for businesses that meet certain safety standards. The certification is provided by the National Safety Council (NSC).
History
A concise historical narrative of NAICS Code 423120-54 covering global milestones and recent developments within the United States.
- The Springs-Auto-Sales & Service (Wholesale) industry has a long and rich history worldwide. The first automobile was invented in 1885 by Karl Benz, and since then, the industry has grown exponentially. In the early 1900s, the Ford Model T was introduced, which revolutionized the automobile industry and made cars more affordable for the average person. In the 1950s and 1960s, the industry saw a surge in demand for cars, and many new models were introduced. In recent history, the industry has seen a shift towards electric and hybrid vehicles, with companies like Tesla leading the way in innovation. In the United States, the industry has faced challenges such as the 2008 financial crisis, which led to a decline in sales, but has since rebounded and continues to grow.
Future Outlook for Springs-Auto-Sales & Service (Wholesale)
The anticipated future trajectory of the NAICS 423120-54 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The future outlook for the Springs-Auto-Sales & Service (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for motor vehicle supplies and new parts. The growth of the automotive industry and the increasing number of vehicles on the road are the major drivers of the industry's growth. The industry is also expected to benefit from the increasing popularity of e-commerce, which is making it easier for wholesalers to reach a wider customer base. However, the industry may face challenges such as increasing competition and the threat of disruption from new technologies such as electric and autonomous vehicles.
Industry Innovations for NAICS Code 423120-54
Recent groundbreaking advancements and milestones in the Springs-Auto-Sales & Service (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- The industry has seen a rise in the use of data analytics to optimize supply chain management and improve customer service.
- The adoption of new technologies such as blockchain is helping to improve transparency and efficiency in the industry.
- The use of artificial intelligence and machine learning is helping wholesalers to better predict demand and optimize inventory management.
- The industry is also seeing a trend towards the use of sustainable materials and practices, such as the use of recycled materials and the adoption of green logistics.
- The increasing popularity of electric and autonomous vehicles is creating new opportunities for the industry, such as the development of new parts and services for these vehicles.
NAICS Code 423120-54 - Springs-Auto-Sales & Service (Wholesale)
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