In 2023, the number of persons employed in the motor vehicles industry in France stood at 108.08 thousand. By analyzing the forecasted data from 2024 to 2028, there is a noticeable downward trend in employment levels. Specifically, employment is expected to decrease from 105.4 thousand in 2024 to 95.23 thousand in 2028. This translates to year-on-year decreases of approximately 2.45% between each subsequent year. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is expected to be approximately -2.2%, highlighting a consistent decline over this period.

Future trends to watch for:

Increased automation and adoption of Industry 4.0 technologies could further reduce employment in the sector.
Shifts towards electric vehicles may require a workforce with different skills, potentially affecting employment dynamics.
Policy changes regarding carbon emissions and sustainability might impact production processes and workforce requirements.