The forecast for Germany's motor vehicles, trailers, and semi-trailers production value shows a consistent upward trend from 2024 to 2028, with the production value rising from €429.45 billion in 2024 to €455.68 billion in 2028. In 2023, the production value stood at €422.8 billion, indicating growth. The year-on-year growth rate from 2024 to 2025 is approximately 1.55%, a slightly accelerated growth through 2028, averaging a compound annual growth rate (CAGR) of about 1.49% over five years.
Future trends to watch for include:
- Technological advancements in electric vehicles and autonomous driving.
- Shifts in demand driven by environmental policies and consumer preference for sustainable transportation.
- Potential supply chain disruptions and inflationary pressures impacting production costs.
