The forecast for employees within the Wholesale, Retail, and Repair of Motor Vehicles and Motorcycles sector in the US shows a stable growth trend, with figures increasing modestly from 2.92 million jobs in 2024 to 2.95 million jobs by 2028. With this data, the industry is seeing an annual growth of approximately 0.25% to 0.34% over the next few years, reflecting a steady but slow increase. The compounded annual growth rate (CAGR) from 2024 to 2028 stands at around 0.25%, indicating a consistent yet moderate expansion of the workforce in this sector.

Future trends to watch for include:

Technological advancements that may further automate processes, potentially influencing job dynamics in the sector.
Shifts in consumer preference towards electric vehicles (EVs) which could impact job roles and skill requirements.
Economic fluctuations that could affect both the demand for vehicles and the associated workforce needs.