Forecast: Production of Motor Vehicles and Motorcycles Wholesale, Retail Trade and Repar in Italy

The forecast for the motor vehicles and motorcycles sector in Italy from 2024 to 2028 shows a gradual increase in market value. Starting from 392.58 billion Euros in 2024, the sector is expected to grow consistently each year, reaching 412.15 billion Euros by 2028. As of 2023, the market stood slightly lower, signifying a steady upward trend.

The year-on-year growth rate averages around 1.27%, indicating a modest, yet consistent rise in the sector. The last five-year period projects a compound annual growth rate (CAGR) of approximately 1.24%. This growth trajectory suggests resilience and stability in the market.

Future trends to watch for include:

  • The adoption and impact of electric and autonomous vehicles.
  • Expansion of digital retail channels and their integration with traditional wholesale and retail.
  • Technological advancements in vehicle manufacturing and environmental regulations.

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