Forecast: Production of Wholesale, Retail Trade and Repair of Motor Vehicles and Motorcycles in Germany

As of 2023, the production of wholesale, retail trade, and repair of motor vehicles and motorcycles in Germany stood at 85.5 billion euros. The forecasted data indicates a steady increase in this sector, from 87.1 billion euros in 2024 to 93.48 billion euros by 2028. From 2024 to 2025, the value is projected to rise by approximately 1.89%, followed by a 1.81% increase from 2025 to 2026. Subsequent annual growth rates are 1.75% and 1.68% thereafter. The compound annual growth rate (CAGR) over this five-year period is approximately 1.8%.

Trends to watch for:

  • The shift towards electric vehicles and continued regulatory changes may influence market dynamics considerably.
  • Technological advancements in vehicle repair through digitization and AI could alter service sectors.
  • Evolving consumer preferences for sustainable and innovative vehicles will likely shape future sales trends.

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