NAICS Code 441110-01 - Automobile Dealers-New Cars (Retail)

Marketing Level - NAICS 8-Digit

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NAICS Code 441110-01 Description (8-Digit)

Automobile Dealers-New Cars (Retail) is a subdivision of the NAICS Code 441110 that involves the retail sale of new cars to consumers. This industry includes dealerships that sell new cars of various makes and models, as well as provide financing and after-sales services such as maintenance and repairs. The industry is highly competitive and requires dealerships to have a strong understanding of the market and consumer preferences.

Hierarchy Navigation for NAICS Code 441110-01

Parent Code (less specific)

Tools

Tools commonly used in the Automobile Dealers-New Cars (Retail) industry for day-to-day tasks and operations.

  • Dealer management software
  • Customer relationship management (CRM) software
  • Inventory management software
  • Diagnostic tools
  • Tire changers
  • Wheel balancers
  • Brake lathes
  • Paint booths
  • Lifts
  • Air compressors

Industry Examples of Automobile Dealers-New Cars (Retail)

Common products and services typical of NAICS Code 441110-01, illustrating the main business activities and contributions to the market.

  • Sedans
  • SUVs
  • Crossovers
  • Hatchbacks
  • Convertibles
  • Sports cars
  • Luxury cars
  • Hybrid cars
  • Electric cars
  • Pick-up trucks

Certifications, Compliance and Licenses for NAICS Code 441110-01 - Automobile Dealers-New Cars (Retail)

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

  • National Automobile Dealers Association (NADA) Dealer Academy Certification: This certification is designed for dealership employees and covers topics such as sales, finance, and management. The certification is provided by the National Automobile Dealers Association (NADA).
  • Automotive Service Excellence (ASE) Certification: This certification is for automotive service technicians and mechanics and covers topics such as engine repair, brakes, and electrical systems. The certification is provided by the National Institute for Automotive Service Excellence (ASE).
  • Environmental Protection Agency (EPA) Certification: This certification is required for dealerships that sell new cars and must comply with the EPA's regulations on emissions and fuel economy. The certification is provided by the Environmental Protection Agency (EPA).
  • Occupational Safety and Health Administration (OSHA) Certification: This certification is required for dealerships that have employees and must comply with OSHA's regulations on workplace safety. The certification is provided by the Occupational Safety and Health Administration (OSHA).
  • Federal Trade Commission (FTC) Used Car Rule Compliance: This certification is required for dealerships that sell used cars and must comply with the FTC's regulations on used car sales. The certification is provided by the Federal Trade Commission (FTC).

History

A concise historical narrative of NAICS Code 441110-01 covering global milestones and recent developments within the United States.

  • The "Automobile Dealers-New Cars (Retail)" industry has a long and rich history worldwide. The first automobile dealership was established in 1898 in Paris, France, by a man named Albert de Dion. In the United States, the first automobile dealership was opened in 1898 by William E. Metzger in Detroit, Michigan. The industry has seen many notable advancements over the years, including the introduction of the assembly line by Henry Ford in 1913, which revolutionized the manufacturing process and made cars more affordable for the average consumer. In recent history, the industry has seen a shift towards more environmentally friendly vehicles, with the introduction of hybrid and electric cars. In 2010, the Nissan Leaf became the first mass-produced electric car to be sold in the United States, marking a significant milestone in the industry's history.

Future Outlook for Automobile Dealers-New Cars (Retail)

The anticipated future trajectory of the NAICS 441110-01 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 Dealers-New Cars (Retail) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for new cars. The rise in disposable income and low-interest rates are expected to drive the growth of the industry. The industry is also expected to benefit from the increasing popularity of electric and hybrid cars. However, the industry may face challenges due to the increasing competition from online car sales platforms. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 441110-01

Recent groundbreaking advancements and milestones in the Automobile Dealers-New Cars (Retail) industry, reflecting notable innovations that have reshaped its landscape.

  • Virtual Showrooms: Many car dealerships are now offering virtual showrooms where customers can view cars online and even take virtual test drives. This innovation has become increasingly popular during the COVID-19 pandemic.
  • Online Sales Platforms: Many car dealerships are now offering online sales platforms where customers can purchase cars online and have them delivered to their homes. This innovation has become increasingly popular during the COVID-19 pandemic.
  • Electric and Hybrid Cars: Many car dealerships are now offering a wider range of electric and hybrid cars to meet the increasing demand for environmentally friendly vehicles.
  • Advanced Safety Features: Many new cars now come with advanced safety features such as automatic emergency braking, lane departure warning, and blind-spot monitoring.
  • Autonomous Driving Technology: Many car manufacturers are investing in autonomous driving technology, which is expected to become increasingly popular in the coming years.

NAICS Code 441110-01 - Automobile Dealers-New Cars (Retail)

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