The forecast for the UK's output in the wholesale, retail, and repair of motor vehicles and motorcycles indicates a steady increase from £65.6 billion in 2024 to £71.15 billion in 2028. In 2023, the actual output was approximately £64.33 billion, indicating a positive year-on-year growth trend. From 2023 to 2024, the output increased by 1.97%, and between 2024 and 2025, it's expected to grow by 2.19%. Over the five years from 2024 to 2028, the compound annual growth rate (CAGR) is projected at 2.10%.

Future trends to watch for include:

Expansion of electric vehicles and related infrastructure impacting market dynamics.
Technological advancements in vehicle repair and retail processes.
Possible economic fluctuations influencing consumer spending in the automotive sector.
Regulatory changes concerning emissions that could affect vehicle sales and repairs.