In 2023, Germany led the European motor vehicles, motorcycles wholesale, retail, and repair sector, followed by the UK and France. Italy and Spain showed notable growth, while Eastern European countries like Romania, Lithuania, and Bulgaria experienced significant year-on-year growth. Nordic countries like Norway and Ireland saw declines. Over the past five years, compounded annual growth rates reveal strong growth in emerging markets despite overall European stagnation, signaling a shift towards Eastern Europe and smaller Western markets.
Future trends to watch:
- Electrification and sustainability affecting demand and supply chains.
- Technological advancements driving innovative repair and retail services.
- Regulatory changes influencing market dynamics, especially in emission standards.
Top countries in Motor Vehicles, Motorcycles Wholesale, Retail and Repair Output by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 86,680 | 2023 | +2.05% | +2.7% | View data |
| 2 | 2 United Kingdom | 68,620 | 2023 | +1.29% | +1.46% | View data |
| 3 | 3 France | 59,960 | 2023 | +1.71% | +2.37% | View data |
| 4 | 4 Italy | 50,260 | 2023 | +7.3% | +3.59% | View data |
| 5 | 5 Spain | 35,310 | 2023 | +5.54% | +1.35% | View data |
| 6 | 6 Netherlands | 23,460 | 2023 | +1.76% | +3.65% | View data |
| 7 | 7 Poland | 19,200 | 2023 | +5.72% | +4.14% | View data |
| 8 | 8 Belgium | 16,840 | 2023 | +6.43% | +2.32% | View data |
| 9 | 9 Sweden | 14,550 | 2023 | +3.77% | +4.37% | View data |
| 10 | 10 Switzerland | 13,500 | 2023 | -0.61% | +1.14% | View data |
