The European Turnover Index of Motor Vehicles, Motorcycles Wholesale, Retail, and Repair indicates significant growth in certain countries like Hungary and Lithuania with year-on-year variations of 13.25% and 12.43%, respectively. Central and Eastern European countries show the highest increases, while Western Europe, including Germany and France, experiences more moderate growth, with variations at 3.66% and 2.87%. Conversely, Macedonia and Switzerland show declines in their indices at -0.4% and -2.69%, indicating a downturn. Over the last five years, there's been a noticeable upward trend in Eastern Europe, whereas Western Europe's market matures with lower growth rates.
Future trends to watch for include:
- The impact of shifting consumer preferences towards electric vehicles on turnover.
- Regulatory changes across EU countries that could affect market dynamics.
- Potential effects of economic conditions and inflation on consumer spending power.
- The influence of global supply chain adjustments post-pandemic.
Top countries in Turnover Index of Motor Vehicles, Motorcycles Wholesale, Retail and Repair by Country
| # | 10 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 273.3 | 2022 | +19.66% | +13.25% | View data |
| 2 | 2 Lithuania | 244.9 | 2022 | +23.38% | +12.43% | View data |
| 3 | 3 Serbia | 229.7 | 2022 | +22.44% | +10.76% | View data |
| 4 | 4 Romania | 213.3 | 2022 | +12.03% | +9.81% | View data |
| 5 | 5 Poland | 211.1 | 2022 | +13.43% | +9.32% | View data |
| 6 | 6 Greece | 178.2 | 2022 | +17.08% | +9.36% | View data |
| 7 | 7 Latvia | 178 | 2022 | +19.14% | +7.99% | View data |
| 8 | 8 Bosnia and Herzegovina | 176.6 | 2022 | +13.42% | +8.6% | View data |
| 9 | 9 Montenegro | 174.4 | 2022 | +23.25% | +10.66% | View data |
| 10 | 10 Estonia | 172.3 | 2022 | +17.21% | +6.51% | View data |
