As of 2023, the number of employees in the UK's motor vehicles sales sector was approximately 234,500. Forecasts indicate a steady increase to approximately 243,500 by 2028, representing a continued growth trend from 2024. The year-on-year percentage growth is consistent, averaging about 0.86% annually, signaling stability in the employment landscape. The compound annual growth rate (CAGR) over the five-year period is projected at 0.86%.
Future trends to watch for:
- Technological advancements influencing workforce requirements.
- Electric vehicle adoption potentially altering job roles.
- Customer behavior changes affecting sales models and employment.