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The automotive dealership model is constantly facing change, especially in the types of vehicles retailers can service. In particular, as the commercial vehicle market shifts toward opportunities for electrification within their vehicle fleets, local dealerships are being called upon to do more than sell vehicles.
The findings show how the 25% tariff on imported vehicles and parts could impact fleet purchase cycles. It will also affect vehicle lifecycle strategies and EV budget planning, creating opportunities for auto dealer fleet solutions. Vehicle Acquisition Costs Rising Nearly three-quarters (71%) expect higher vehicle acquisition costs.
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