Forecast: Wages and Salaries in Motor Vehicles and Motorcycles Wholesale, Retail Trade and Repar in Italy

In 2023, wages and salaries in Italy's motor vehicles and motorcycles wholesale, retail trade, and repair sectors reached 62 billion euros. Forecasts indicate a steady increase, with values reaching 67.64 billion euros by 2028. Year-on-year growth rates from 2024 through 2028 show consistent upward movement. The Compound Annual Growth Rate (CAGR) over these five years is approximately 1.56%, reflecting a stable market growth environment.

Future trends to watch for include:

  • Technological advancements impacting workforce dynamics.
  • Changes in consumer preferences towards electric vehicles affecting retail strategies.
  • Potential regulatory impacts and economic shifts in the broader European market.

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