In 2023, the labour cost per employee in the motor vehicles, trailers, and semi-trailers sector in Italy was approximately 69.3 thousand Euros. From 2024 to 2028, the forecasted data indicates a steady increase in labour costs per full-time equivalent (FTE), with values rising from 70.7 thousand Euros to 76.3 thousand Euros by 2028. The year-on-year growth from 2024 to 2025 is 1.98%, while from 2025 to 2026, it is 1.94%, and from 2026 to 2027, it increases by 1.90%. The compound annual growth rate (CAGR) over this five-year period is around 1.51%.
In the future, trends to watch for include ongoing technological advancements, shifting demand in automotive production, and economic policies affecting labour costs. These factors could influence the pace of cost increases, potentially altering the landscape in the automotive industry. Monitoring these trends will be crucial for adapting strategies in workforce management and cost control.
