In 2024, Germany leads the European market in wholesale, retail, and repair of motor vehicles and motorcycles with a substantial share, followed by France and Spain. Notable growth in 2023 was observed in Estonia with a 7.87% increase, highlighting smaller markets making significant headway. Germany and the Netherlands also showed robust growth at 6.07% and 5.56% respectively, indicating strong market performance. Ireland and Portugal experienced moderate rises, contributing to the overall growth of the sector in the region.
Future trends to watch include:
- The shift towards electric vehicles, which may reshape market dynamics.
- Regulatory changes influencing automotive retail strategies.
- Technological advancements improving repair and maintenance efficiencies.
- Increasing demand for sustainable practices impacting wholesale activities.
Top countries in Wholesale, Retail and Repair of Motor Vehicles and Motorcycles Output Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 37.88 | 2023 | +6.14% | +6.07% | View data |
| 2 | 2 France | 27.8 | 2023 | +2.91% | +3.72% | View data |
| 3 | 3 Spain | 15.37 | 2023 | +2.4% | +4.06% | View data |
| 4 | 4 Netherlands | 11.86 | 2023 | +4.74% | +5.56% | View data |
| 5 | 5 Ireland | 2.77 | 2023 | +2.1% | +3.84% | View data |
| 6 | 6 Portugal | 2.66 | 2023 | +2.05% | +4.52% | View data |
| 7 | 7 Croatia | 0.68 | 2023 | +2.1% | +5.71% | View data |
| 8 | 8 Latvia | 0.44 | 2023 | +2.89% | +5.6% | View data |
| 9 | 9 Estonia | 0.43 | 2023 | +5.63% | +7.87% | View data |
| 10 | 10 Malta | 0.11 | 2023 | +3.21% | +2.2% | View data |
