Forecast: Total Hours Worked in Motor Vehicles and Motorcycles Wholesale, Retail Trade and Repar in the UK

In 2023, the total hours worked in the UK's motor vehicles and motorcycles wholesale and retail trade and repair sector was set at 7.65 billion hours. Projected data shows a steady growth pattern, with a slight year-on-year increase—approximately 0.26% yearly from 2024 to 2028. The compound annual growth rate (CAGR) over this five-year period stands at around 0.25%. This gradual increase signifies resilience in the sector amid market challenges.

Future trends to watch for include:

  • The impact of technological advancements in automotives on employment and work hours.
  • Shifts in consumer behavior towards electric vehicles and its effect on service demands.
  • Potential economic fluctuations influencing labor requirements in the automotive trade sector.

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