Forecast: Employment in Motor Vehicles and Motorcycles Wholesale, Retail Trade and Repar in France

The employment in the Motor Vehicles and Motorcycles Wholesale, Retail Trade, and Repair sector in France is forecasted to grow steadily from 2024 onwards, starting at 3.16 million Full-Time Equivalent units in 2024 and reaching 3.22 million units by 2028. Comparing the forecasted figures to the most recent actual data from 2023, consistent annual growth is evident.

The year-on-year growth rate reveals modest increases, with employment expected to rise by approximately 0.6% to 0.7% annually over the forecast period. The compounded annual growth rate (CAGR) over these five years suggests a stable expansion of about 0.7% per year, indicating a positive trend for the sector.

Future trends to watch for include:

  • The impact of technological advancements on employment, especially with increasing automation and digitalization in the sector.
  • Potential regulatory changes in the automotive industry, particularly concerning emissions and environmental standards, which could influence employment dynamics.
  • Shifts in consumer preferences towards electric vehicles and how it might affect jobs in wholesale, retail, and repair sectors.

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