Automotive Terms Dictionary
North Bound, can be used in describing direction of traffic.
Net sales value
the selling price received by the manufacturer for the vehicle including the cost of transporting the vehicle in Canada (includes mark-up).
After Sir Isaac Newton, English (1642-1727). The newton is a unit of force. Thus, 1 newton equals the force with which a mass of 101.97 grams presses downward under standard gravitational conditions on earth. And a mass of 1 kilogram presses down with a force of 9.80665 newtons.
New car dealer
major car dealership with a parts and service operation.
North American Free Trade Agreement (NAFTA)
Agreement creating free trade among the United States, Canada, and Mexico. The NAFTA went into effect on January 1, 1994.
North American Industrial Classification System (NAICS)
Industry Classification between Canada, the United States and Mexico to increase compatibility of data with these countries. The classification is based on establishment rather than commodity. This classification system will be implemented with reference to year 1997 and data will be available in 1999.
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