The number of petrol passenger cars in Germany is forecasted to grow steadily from 2024 to 2028, increasing from 32.952 million in 2024 to 34.13 million in 2028. This reflects a consistent year-on-year growth rate of approximately 0.9% to 1.1%. In 2023, the actual figure stood at 32.662 million, indicating a robust demand for petrol vehicles post-2023. The compound annual growth rate (CAGR) for this period is expected to average around 0.9%.
Future trends to watch for include potential shifts towards electric vehicles due to regulatory measures and environmental awareness, which might impact the growth rate of petrol passenger cars. Technological advancements and changing consumer preferences could also play significant roles in shaping market dynamics.
