In 2023, the employment in the motor vehicles sector in Germany stood at approximately 596.2 thousand employees. From 2024 onwards, forecasts predict steady growth, with employee numbers expected to climb from 603.72 thousand in 2024 to 633.55 thousand by 2028. This steady increase reflects an average Compound Annual Growth Rate (CAGR) of around 1.21% over the five-year period.

Future Trends to Watch For:

Technological advances, including increased automation and electric vehicle production, could shift skill requirements and affect employment numbers.
Potential disruptions from economic factors, such as shifts in consumer demand or supply chain challenges, may impact future employment trends.
Policy changes regarding environmental regulations could further influence employment needs in the sector.