The forecasted data indicates stability in the Wholesale, Retail, and Repair of Motor Vehicles and Motorcycles sector in Germany from 2024 to 2028, with employment hours consistently around 6.82-6.83 billion hours. Given the figure for 2023, this suggests a negligible change in employment hours in the upcoming years.
Future trends to watch for include:
- Impact of technological advancements and automation on employee efficiency.
- Evolving consumer behavior towards vehicle ownership and related services.
- Regulatory changes affecting the sector, particularly concerning environmental standards and digitalization.
