In 2023, Germany led significantly in wages and salaries in the motor vehicles and motorcycles wholesale, retail trade, and repair sector, with 41.35 million euros, followed by Italy and Spain. Overall, the five-year growth rate showed moderate increments across major countries, with Germany at 2.33%, Italy at 1.82%, and Spain at 1.39%. Smaller markets like Slovakia, Lithuania, and Estonia experienced higher growth, exceeding 3% year-on-year.
Future trends to watch include:
- Potential impacts of digital transformation and electric vehicle adoption on workforce dynamics.
- Regulatory changes and sustainability initiatives influencing wages in the automotive sector.
- Economic fluctuations impacting discretionary consumer spending on motor vehicles and repairs.
Top countries in Wages and Salaries in Motor Vehicles and Motorcycles Wholesale, Retail Trade and Repar Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 41.35 | 2023 | +1.92% | +2.33% | View data |
| 2 | 2 Italy | 13.9 | 2023 | +1.73% | +1.82% | View data |
| 3 | 3 Spain | 13.33 | 2023 | +1.36% | +1.39% | View data |
| 4 | 4 Netherlands | 9.04 | 2023 | +1.55% | +1.46% | View data |
| 5 | 5 Belgium | 5.17 | 2023 | +1.59% | +1.84% | View data |
| 6 | 6 Austria | 4.82 | 2023 | +1.87% | +1.83% | View data |
| 7 | 7 Ireland | 2.45 | 2023 | +2.4% | +2.9% | View data |
| 8 | 8 Portugal | 2.4 | 2023 | +1.6% | +1.47% | View data |
| 9 | 9 Finland | 2.23 | 2023 | +1.35% | +1.36% | View data |
| 10 | 10 Greece | 1.52 | 2023 | -0.18% | +0.017% | View data |
