In 2023, the number of employees in the Wholesale, Retail and Repair of Motor Vehicles and Motorcycles sector in Germany was at 742,000 persons. The forecasted data from 2024 to 2028 suggests a modest growth, with employee numbers increasing from 743,000 to 746,000 by 2027, and remaining steady in 2028. The year-on-year variation shows a growth of approximately 0.13% from 2024 to 2025, and similar increments in subsequent years. The 5-year compound annual growth rate (CAGR) is estimated at around 0.13%.
Future trends to watch for in this sector include:
- Technological advancements in automotive services, potentially impacting workforce needs.
- Shifts in consumer preferences towards electric vehicles, demanding new skills and roles.
- Changes in global trade policies and economic conditions affecting the market dynamics.
- Evolving repair and maintenance practices due to advancements in vehicle technology.