Auto manufacturers can adapt to a subscription-based model by offering customers access to a range of vehicles for a monthly fee. This model can include services such as maintenance, insurance, and roadside assistance, providing a comprehensive mobility solution. Manufacturers can leverage digital platforms to manage subscriptions and provide a seamless customer experience. They can also use data from these platforms to gain insights into customer preferences and improve their offerings.
Subscription services have grown revenues 8X faster than the S&P500 and 5X faster than US retail sal...
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