The employment in the Sale of Motor Vehicles sector in Switzerland is forecasted to increase from 7.67 thousand full-time equivalents (FTEs) in 2024 to 8.38 thousand FTEs by 2028. This marks annual year-on-year growth rates of approximately 2.35% (2024 to 2025), 2.29% (2025 to 2026), 2.24% (2026 to 2027), and 2.07% (2027 to 2028). The compound annual growth rate (CAGR) over this five-year period is 2.23%.
In 2023, the employment stood at 7.50 thousand FTEs, indicating moderate growth in the sector leading into the forecasted years. This upward trend showcases a consistent increase in employment within the sector.
Key future trends to watch for:
• Advancements in electric vehicle (EV) technology and an increase in EV adoption may drive more job creation.
• Expansion of digital sales platforms and e-commerce, transforming job roles and necessitating new skill sets.
• Regulatory changes and environmental policies could significantly impact sector employment dynamics with the shift towards sustainable transportation.
