The forecast for first registrations of new vehicles in Switzerland shows a modest but steady increase from 259.39 thousand in 2024 to 261.24 thousand by 2028. This covers a compound annual growth rate (CAGR) of approximately 0.18%. When compared to the actual figures for 2023, we see a small year-on-year growth starting at 259.39 thousand units. The year-on-year variation is minimal, reflecting stability in new vehicle registrations over this five-year period.
Future trends to watch:
- Increasing emphasis on electric and hybrid vehicles due to environmental regulations.
- Potential impacts of macroeconomic factors such as inflation and consumer purchasing power.
- Technological advancements in automotive technology and autonomous driving.
- Changes in government policies and incentives for new vehicle purchases.