Forecast: Number of Persons Employed in Manufacture of Motor Vehicles Sector in Germany

As of 2023, the number of persons employed in the motor vehicle manufacturing sector in Germany stood at 596.13 thousand. Forecasts indicate a steady growth in employment from 2024 to 2028, with a year-on-year increase ranging between 1.25% and 1.21%. The projected compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 1.24%, reflecting a gradual and consistent rise in employment.

Future trends to watch for:

  • Impact of technological advancements such as automation and electric vehicle manufacturing on employment needs.
  • Potential shifts in global automobile demand affecting production levels.
  • Policy changes related to climate initiatives and their effects on the sector.

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