The global motor vehicle industry in 2023 demonstrated diverse employment trends. Leading are the US and Germany, each surpassing 900,000 employees. Year-on-year employment increased slightly in the US and Germany, but significant growth is seen in Poland, Hungary, and South Korea. Conversely, France, Belgium, Norway, and Greece saw a decline. Most countries showed minor changes, indicating market stability. Over the past five years, compound growth remained modest, yet consistent, in major automotive countries except for those experiencing slight reductions.
Future trends to monitor include:
- The potential impact of electric vehicles on job markets globally.
- Shifts in employment due to automation and digital transformation.
- The effect of increased environmental regulations on production and labor needs.
- Restructuring and reallocation of labor towards more sustainable automotive technologies.
- Emerging markets and their role in the global automotive employment landscape.
Top countries in Number of Persons Employed in Motor Vehicles, Trailers and Semi-trailers by Country
# | 10 Countries | Thousand Units (Persons) | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United States | 939 | 2023 | +0.64% | +0.41% | View data |
2 | 2 Germany | 936 | 2023 | +0.65% | +0.65% | View data |
3 | 3 South Korea | 424.6 | 2023 | +0.88% | +1.2% | View data |
4 | 4 Poland | 352.6 | 2023 | +2% | +2.08% | View data |
5 | 5 Czech Republic | 229.08 | 2023 | +2.03% | +1.84% | View data |
6 | 6 Italy | 174.8 | 2023 | -0.23% | -0.26% | View data |
7 | 7 United Kingdom | 159.47 | 2023 | +0.078% | -0.39% | View data |
8 | 8 Spain | 157.1 | 2023 | -0.32% | -0.66% | View data |
9 | 9 Hungary | 132.67 | 2023 | +2.37% | +2.15% | View data |
10 | 10 France | 94 | 2023 | -2.08% | -2.56% | View data |