As of 2023, the wages and salaries in the wholesale, retail, and repair of motor vehicles and motorcycles sector in Germany were 27.8 billion euros. Forecasted figures indicate steady growth: 2024 at 28.48 billion euros, 2025 at 29.16 billion, 2026 at 29.83 billion, 2027 at 30.5 billion, and 2028 reaching 31.16 billion euros. Year-on-year growth rates show consistent, moderate increases, with a Compound Annual Growth Rate (CAGR) for 2024 to 2028 at around 2.4% per annum.
Future trends to watch for include the impact of technological advancements in vehicle repair, shifts towards electric vehicles potentially altering the workforce demands, and supply chain dynamics affecting wage growth. Monitoring these factors will provide insights into sustainability and further wage evolution in this sector.
