The number of persons employed in the UK's motor vehicles and motorcycles wholesale, retail trade, and repair sector is projected to rise slightly from 4.82 million in 2024 to 4.86 million by 2028. This forecast reflects a modest year-on-year growth, with a consistent increase of around 0.21% each year. In 2023, employment stood at approximately 4.81 million, indicating a steadiness in workforce expansion. The forecast period shows a CAGR of 0.21% over five years, demonstrating gradual sectoral growth.
Future trends to watch for include technological advancements in automotive retail, shifts towards sustainable transport solutions, and the impact of digital sales channels on traditional automotive retail models. These could influence employment dynamics and demand for new skill sets within the sector.
