Forecast: Sold Production of Motor Vehicle in Germany

The sold production of motor vehicles in Germany is expected to decline gradually from 2024 onwards. In 2023, the sold production was 55.056 billion euros. Forecasted data indicates a year-on-year decline: a reduction of 0.59% from 2024 to 2025, a 0.59% decrease from 2025 to 2026, a 0.59% drop from 2026 to 2027, and a 0.59% decline from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the next five years is anticipated to be -0.58%.

Future trends to watch for include:

• Automotive technology advancements, such as electric vehicles and autonomous driving, which may influence production values.
• Potential shifts in consumer preferences toward sustainable and eco-friendly vehicles.
• Economic factors, including global supply chain disruptions and regulatory changes impacting the automotive industry.
• Innovations in production techniques and materials that may reduce costs and increase efficiency.