The employment forecast in the motor vehicles manufacturing sector in France shows a steady decline from 2024 to 2028. The number of employees drops from 216,260 in 2024 to 198,990 in 2028, indicating a year-on-year reduction averaging around 1.6%. This consistent downtrend reflects a 0.83% CAGR decrease over these five years compared to 220,000 employees in 2023.
Future trends to watch for include:
- Impact of automation and AI advancements potentially reducing labor requirements further.
- Shifts towards electric and hybrid vehicle manufacturing possibly requiring a different skill set.
- Potential policy incentives to sustain employment levels.
