In 2023, Germany led European production of wholesale, retail trade, and repair of motor vehicles and motorcycles at 85.71 billion Euros, followed by France and Italy. Germany, France, and Italy showed modest growth rates of around 2.6%, with Slovakia and Estonia showcasing the highest year-on-year increases of 4.29% and 3.29%, respectively. Over five years, Germany, France, and their peers have experienced consistent growth, despite economic fluctuations.
Future trends to monitor include:
- The impact of green technology adoption in the automotive trade and repair industries.
- Changes in consumer preferences towards electric vehicles.
- The potential effect of regulatory policies on production and trade dynamics.
- Integration of digital platforms in vehicle sales and repair services.
Top countries in Production of Wholesale, Retail Trade and Repair of Motor Vehicles and Motorcycles by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 85,710 | 2023 | +1.82% | +2.6% | View data |
| 2 | 2 France | 60,410 | 2023 | +1.96% | +2.53% | View data |
| 3 | 3 Italy | 47,870 | 2023 | +1.48% | +2.59% | View data |
| 4 | 4 Spain | 36,290 | 2023 | +1.76% | +1.56% | View data |
| 5 | 5 Belgium | 16,800 | 2023 | +2% | +2.28% | View data |
| 6 | 6 Austria | 11,490 | 2023 | +1.99% | +2.1% | View data |
| 7 | 7 Finland | 6,840 | 2023 | +1.98% | +1.93% | View data |
| 8 | 8 Greece | 3,880 | 2023 | +0.41% | +1.84% | View data |
| 9 | 9 Ireland | 2,960 | 2023 | +1.93% | +1.63% | View data |
| 10 | 10 Slovakia | 2,340 | 2023 | +2.99% | +4.29% | View data |
