Forecast: Motor Vehicles, Trailers and Semi-Trailers Number of Persons Employed in Italy

The forecasted employment in the Italian motor vehicles, trailers, and semi-trailers sector indicates a gradual decline from 170.62 thousand employees in 2024 to 168.42 thousand by 2028. This represents a year-on-year decrease of approximately 0.33% from 2024 to 2025 and stabilizes around a similar rate through 2028. The Compound Annual Growth Rate (CAGR) over the five-year forecast period suggests a modest annual decline of about 0.33%, following a downward trend established through recent years.

Future trends to watch for:

  • Automation and technological advancements impacting workforce requirements.
  • Shifts towards electric vehicles influencing production and employment dynamics.
  • Policy changes and incentives related to sustainable practices.
  • Global economic conditions affecting trade and labor in the automotive sector.

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