The forecast for labour cost per employee FTE in the motor vehicles, trailers, and semi-trailers industry in Germany shows a steady upward trend from 2024 to 2028. In 2023, the cost was at a certain baseline, and from 2024, we see projected increases, with year-on-year growth rates highlighting a gradual rise: 1.5% from 2024 to 2025, 1.48% from 2025 to 2026, 1.46% from 2026 to 2027, and 1.33% from 2027 to 2028. The compound annual growth rate (CAGR) over this forecast period is approximately 1.44%.

Future trends to watch for:

Technological advancements impacting labor efficiency and costs.
Changes in labor regulations and wage policies affecting overall cost structures.
Economic conditions influencing investment in the automotive industry.