The gross investment in the wholesale and retail trade and repair of motor vehicles and motorcycles sector in Italy is forecasted to gradually decline from €1.14 billion in 2024 to €1.05 billion in 2028. This trend suggests a steady decrease over the forecasted period. In 2023, the sector's gross investment was slightly higher than 2024, indicating a reduction trend starting from 2024 onwards.
Year-on-year variations show minor declines, suggesting a cautious but consistent decrease. The compound annual growth rate (CAGR) for the five-year period from 2024 to 2028 suggests an average annual decrease in investment.
Future trends to watch for include:
- Technological advancements impacting repair services.
- Government policies catalyzing electric vehicle market penetration.
- Economic factors influencing consumer purchasing power in Italy.
- Environmental regulations that might shift investments.