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Survival kit for auto dealers: shrink size, move workshop to suburbs, find new ways to make money

As demand recovery is still some time away, dealerships need to look for ways to save cost and create new revenue streams. From focusing on insurance renewals, vehicle finance, and used cars, to bundling in-cabin sanitisation with servicing, and renting out excess real estate, ET Prime weighs six scenarios that can help an automobile dealer ride out the storm.

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