Rental and leasing of cars and light motor vehicles

NACE v2.0 Code: N77.11

About rental and leasing of cars and light motor vehicles

NACE code 77.11 covers the rental and leasing of cars and light motor vehicles, an essential industry that supports various sectors of the economy. This industry plays a crucial role in providing mobility solutions to individuals, businesses, and organizations, enabling them to access transportation services on an as-needed basis. The rental and leasing of cars and light motor vehicles is a significant contributor to the broader transportation and logistics ecosystem, facilitating the efficient movement of goods and people across regions and industries.

Production process

The core production techniques in this industry involve the acquisition, maintenance, and distribution of a fleet of cars and light motor vehicles. Rental and leasing companies typically purchase vehicles from manufacturers or authorized dealers, ensuring they meet quality and safety standards. These vehicles are then prepared for rental or leasing, which may include cleaning, servicing, and equipping them with necessary accessories. The companies also manage the logistics of vehicle distribution, ensuring their fleet is strategically located to meet customer demand.

Production inputs

The main inputs required for the rental and leasing of cars and light motor vehicles include the vehicles themselves, which are typically sourced from 29.10 Manufacture of motor vehicles. Additionally, this industry relies on various supporting resources, such as maintenance and repair services, fuel, and insurance. The availability of skilled personnel, including customer service representatives and fleet managers, is also a crucial input for the effective operation of rental and leasing businesses.

Production outputs

The primary output of this industry is the provision of rental and leasing services for cars and light motor vehicles. These services are consumed by a wide range of customers, including individuals, businesses, and organizations across various 68.20 Renting and operating of own or leased real estate, 49.10 Passenger rail transport, interurban, 49.31 Urban and suburban passenger land transport, and 52.21 Service activities incidental to land transportation industries, among others. The rental and leasing of cars and light motor vehicles facilitates the mobility needs of these sectors, enabling them to access transportation resources efficiently and cost-effectively.

Revisions to 77.11

Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 77.11. The most recent 3 versions of this code (77.11) is in the NACE v2.1 system:

This page shows a legacy version of code 77.11 ( NACE v2.0).

Newer versions

Related ISIC Codes

These isic codes are related to this econ code: (77.11).

ISIC code ISIC Version ISIC title
7710ISIC v4.0Renting and leasing of motor vehicles

Related CPC Codes

These CPC codes are related to this econ code: (77.11).

CPC code CPC Version CPC title
73111CPC v2.1Leasing or rental services concerning cars and light vans without operator
73112CPC v2.1Leasing or rental services concerning goods transport motor vehicles without operator
73114CPC v2.1Leasing or rental services concerning other land transport equipment without operator

Family tree for rental and leasing of cars and light motor vehicles

    graph LR
    A["<a href='/classifications/nace/v2/N'>N: ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES</a>"]
A --> B["<a href='/classifications/nace/v2/N/77'>77: Rental and leasing activities</a>"]
B --> C["<a href='/classifications/nace/v2/N/77/1'>77.1: Rental and leasing of motor vehicles</a>"]
C --> D["<a href='/classifications/nace/v2/N/77/11'>77.11: Rental and leasing of cars and light motor vehicles</a>"]

    C --> E["<a href='/classifications/nace/v2/N/77/12'>77.12: Rental and leasing of trucks</a>"]

    

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