NAICS Code 425120-66 - Automobile-Oil Refiners-Distr (Wholesale)

Marketing Level - NAICS 8-Digit

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5

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NAICS Code 425120-66 Description (8-Digit)

The Automobile-Oil Refiners-Distr (Wholesale) industry involves the wholesale distribution of petroleum products, including gasoline, diesel fuel, and lubricating oils, to automobile and truck dealerships, service stations, and other retail outlets. This industry also includes the wholesale distribution of automotive parts and accessories, such as batteries, tires, and engine components. Companies in this industry act as intermediaries between manufacturers and retailers, providing a range of products and services to help keep vehicles running smoothly.

Hierarchy Navigation for NAICS Code 425120-66

Tools

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

  • Fuel pumps
  • Fuel storage tanks
  • Fuel dispensers
  • Oil filters
  • Oil pumps
  • Lubrication equipment
  • Tire changers
  • Wheel balancers
  • Battery testers
  • Engine diagnostic tools
  • Brake lathes
  • Air compressors
  • Welding equipment
  • Hydraulic lifts
  • Transmission jacks
  • Engine hoists
  • Grease guns
  • Impact wrenches
  • Torque wrenches

Industry Examples of Automobile-Oil Refiners-Distr (Wholesale)

Common products and services typical of NAICS Code 425120-66, illustrating the main business activities and contributions to the market.

  • Gasoline distributors
  • Diesel fuel distributors
  • Lubricating oil distributors
  • Automotive parts wholesalers
  • Tire wholesalers
  • Battery wholesalers
  • Engine component wholesalers
  • Fuel pump wholesalers
  • Fuel storage tank wholesalers
  • Fuel dispenser wholesalers
  • Oil filter wholesalers
  • Oil pump wholesalers
  • Lubrication equipment wholesalers

Certifications, Compliance and Licenses for NAICS Code 425120-66 - Automobile-Oil Refiners-Distr (Wholesale)

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

  • Hazardous Materials Transportation Certification: This certification is required for any business that transports hazardous materials in the US. It ensures that the business is aware of the regulations and safety requirements for transporting hazardous materials. The certification is provided by the US Department of Transportation.
  • Petroleum Marketer's Permit: This permit is required for businesses that sell or distribute petroleum products in the state of Texas. It ensures that the business is in compliance with state regulations and is authorized to sell petroleum products. The permit is provided by the Texas Department of Agriculture.
  • Environmental Compliance Certification: This certification is required for businesses that deal with hazardous materials or waste. It ensures that the business is in compliance with environmental regulations and is taking steps to minimize its impact on the environment. The certification is provided by the US Environmental Protection Agency.
  • Petroleum Equipment Institute Certification: This certification is for businesses that manufacture, install, or service petroleum equipment. It ensures that the business is knowledgeable about the latest industry standards and safety requirements. The certification is provided by the Petroleum Equipment Institute.
  • National Institute for Automotive Service Excellence Certification: This certification is for businesses that provide automotive repair services. It ensures that the business has the necessary knowledge and skills to provide quality service to customers. The certification is provided by the National Institute for Automotive Service Excellence.

History

A concise historical narrative of NAICS Code 425120-66 covering global milestones and recent developments within the United States.

  • The "Automobile-Oil Refiners-Distr (Wholesale)" industry has a long history dating back to the early 1900s when the first automobiles were produced. As the automobile industry grew, so did the need for oil and gasoline, which led to the establishment of oil refineries. The first oil refinery in the United States was built in 1861, and by the early 1900s, there were several oil refineries across the country. The distribution of oil and gasoline was initially done by the oil companies themselves, but as the demand for these products grew, the need for specialized wholesalers and distributors emerged. In recent history, the industry has seen significant advancements in technology, such as the development of more efficient engines and the rise of electric vehicles. The industry has also faced challenges such as the 2020 COVID-19 pandemic, which led to a decrease in demand for oil and gasoline. Despite these challenges, the industry has remained resilient and continues to play a vital role in the transportation sector.

Future Outlook for Automobile-Oil Refiners-Distr (Wholesale)

The anticipated future trajectory of the NAICS 425120-66 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 Automobile-Oil Refiners-Distr (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for automobiles and the need for oil and lubricants. The industry is also expected to benefit from the growing trend of online sales and the increasing use of technology in the distribution process. However, the industry may face challenges due to the increasing competition and the changing regulations related to the environment and safety. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 425120-66

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

  • The use of advanced technology in the distribution process, such as automated warehouses and drones for delivery, has improved the efficiency and speed of the distribution process.
  • The development of new and innovative lubricants and oils that are more efficient and environmentally friendly has helped the industry to meet the changing demands of the market.
  • The adoption of sustainable practices, such as recycling and reducing waste, has helped the industry to reduce its environmental impact and improve its reputation.
  • The increasing use of data analytics and artificial intelligence has helped the industry to optimize its operations and improve its decision-making process.
  • The growing trend of e-commerce and online sales has opened up new opportunities for the industry to reach a wider customer base and improve its sales.

NAICS Code 425120-66 - Automobile-Oil Refiners-Distr (Wholesale)

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