The forecasted Gross Value Added (GVA) for Germany's motor vehicles, trailers, and semi-trailers manufacturing sector shows a steady increase from 2024 to 2028, starting at 143.13 billion euros in 2024 and reaching 151.3 billion euros by 2028. The year-on-year growth for this period averages slightly above 1% annually. In 2023, this sector's GVA stood at approximately 141.0 billion euros, indicating a continued recovery and growth post-2023.
Key trends to watch include the increasing focus on electric vehicles (EVs), advancements in automated and connected vehicle technologies, and regulatory shifts towards environmentally sustainable manufacturing practices, which may impact production processes and costs in the coming years.
