Gabor Gurbacs: escalating auto tariffs impact non-US dealers margins
@gaborgurbacs: Auto tariffs impact dealers
Non-U.S. vehicle dealers express growing concern over increased tariffs, as stated by Gabor Gurbacs on Twitter.
Dealers initially responded to the tariffs by adding a 10 percent plus tax destination fee to their products and services. However, facing customer pushback, they are now resorting to offering 10 percent rewards and promotions to retain their customer base, despite the additional financial strain.
This situation underscores the challenging economic environment faced by non-U.S. vehicle dealers. As tariffs continue to impact pricing strategies and operational margins, dealers are finding it increasingly difficult to offer incentives without potentially sacrificing profitability. Gurbacs warns that if the current market dynamics persist, the auto industry could see further disruption.
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In the previous news, tweet author Gabor Gurbacs discussed the advancements in the cryptocurrency sector, highlighting significant breakthroughs in overcoming industry barriers. Details are being clarified.
