NAICS Code 488999-03 - Car Sharing

Marketing Level - NAICS 8-Digit

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Looking for more companies? See NAICS 488999 - All Other Support Activities for Transportation - 42 companies, 112 emails.

NAICS Code 488999-03 Description (8-Digit)

Car Sharing is a transportation service that allows individuals to rent a vehicle for a short period of time, typically by the hour or day. This service is often provided through a mobile app or website, where users can reserve a car, unlock it with their phone, and return it to a designated location when they are finished. Car Sharing is a convenient and cost-effective alternative to traditional car ownership, especially for those who live in urban areas and do not need a car on a daily basis.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 488999 page

Tools

Tools commonly used in the Car Sharing industry for day-to-day tasks and operations.

  • Mobile apps for reserving and unlocking cars
  • GPS tracking systems for locating and monitoring vehicles
  • Payment processing software for handling transactions
  • Fleet management software for tracking vehicle maintenance and availability
  • Customer relationship management (CRM) software for managing user accounts and preferences
  • Telematics devices for monitoring vehicle usage and performance
  • In-car technology for providing navigation and entertainment options
  • Fuel card systems for managing fuel expenses
  • Vehicle cleaning and maintenance equipment
  • Parking management software for reserving and managing parking spaces

Industry Examples of Car Sharing

Common products and services typical of NAICS Code 488999-03, illustrating the main business activities and contributions to the market.

  • Hourly car rental
  • Peer-to-peer car sharing
  • Corporate car sharing
  • One-way car sharing
  • Electric car sharing
  • Station-based car sharing
  • Free-floating car sharing
  • University car sharing
  • Car sharing for government agencies
  • Car sharing for non-profit organizations

History

A concise historical narrative of NAICS Code 488999-03 covering global milestones and recent developments within the United States.

  • Car sharing has been around since the 1940s, but it wasn't until the 1990s that the industry began to take off. In 1948, a Swiss cooperative called Sefage was established to provide shared cars to its members. In the 1960s, car sharing programs began to appear in Europe, and by the 1980s, the concept had spread to North America. In 1998, Zipcar was founded in Cambridge, Massachusetts, and became the first car-sharing company to use the internet to connect members with available cars. Since then, the industry has continued to grow, with new companies entering the market and existing companies expanding their services. In recent years, car sharing has become increasingly popular in the United States. According to a report by the Transportation Sustainability Research Center at the University of California, Berkeley, the number of car-sharing members in North America grew from 50,000 in 2005 to 1.7 million in 2014. The report also found that car sharing has the potential to reduce greenhouse gas emissions and traffic congestion, as well as provide cost savings for consumers. In 2013, the car-sharing company Car2Go launched in the United States, offering one-way car sharing in several cities. Other companies, such as Zipcar and Enterprise CarShare, have also expanded their services in the United States in recent years.