Forecast: Number of Persons Employed in Motor Vehicles and Motorcycles Wholesale, Retail Trade and Repar in Italy

In 2023, the number of persons employed in the Motor Vehicles and Motorcycles Wholesale, Retail Trade, and Repair sector in Italy was approximately 3.79 million. The forecasted data shows a steady yet slight increase, reaching 3.84 million by 2028. This reflects a year-on-year growth of approximately 0.26% from 2024 to 2028.

The compound annual growth rate (CAGR) over the next five years is modest, averaging around 0.26% annually. This indicates a stable labor market without significant expansion.

Future trends to watch for include:

  • Technological advancements in the automotive industry influencing job roles and skill requirements.
  • The impact of electric vehicle adoption on employment dynamics within the sector.
  • Potential economic or policy changes affecting the growth trajectory in the wholesale and retail automotive sectors.

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