Polestar Q3 sales rise 1% as Polestar 5 deliveries begin
On the Dash:
Polestar estimates Q3 retail sales at 14,371, up 1% year over year, with nine-month sales reaching 44,790.
Sales excluding the U.S. fell 8% in Q3 and 0.5%...
TSLA354.720-7.72%
GM83.9600.3%
F12.4300.12%
RIVN12.420-0.6%
CYD26.020-0.33%
HMC34.2800.22%
TM194.6102.67%
CVNA58.830-1.7899%
PAG212.4200.42%
LAD295.140-0.17%
AN161.7301.93%
GPI242.2202.42%
ABG170.0500.18%
SAH63.6100.1%
TSLA354.720-7.72%
GM83.9600.3%
F12.4300.12%
RIVN12.420-0.6%
CYD26.020-0.33%
HMC34.2800.22%
TM194.6102.67%
CVNA58.830-1.7899%
PAG212.4200.42%
LAD295.140-0.17%
AN161.7301.93%
GPI242.2202.42%
ABG170.0500.18%
SAH63.6100.1%
TSLA354.720-7.72%
GM83.9600.3%
F12.4300.12%
RIVN12.420-0.6%
CYD26.020-0.33%
HMC34.2800.22%
TM194.6102.67%
CVNA58.830-1.7899%
PAG212.4200.42%
LAD295.140-0.17%
AN161.7301.93%
GPI242.2202.42%
ABG170.0500.18%
SAH63.6100.1%
Polestar
Polestar says it was blindsided before U.S. ban, WSJ reports
On the Dash:
Polestar still has no explanation for its U.S. ban despite Volvo's approval, a letter to dealers shows, WSJ reports
Commerce officials signaled likely approval before reversing course...
Polestar dealer sues automaker for $25M over U.S. market exit
On the Dash:
Polestar's U.S. exit could create significant financial and operational uncertainty for its dealer network.
Prestige Imports alleges Polestar planned its U.S. departure before the government denied authorization...
Sen. Bernie Moreno pushes Connected Vehicle Security Act, says bill protects dealers and U.S. auto industry
Welcome to a special edition of Inside Automotive. On today’s episode, we’re bringing you on location in St. Louis, where CBT News Co-Founder Jim Fitzpatrick is joined by Ohio Senator...
Polestar won’t fight U.S. ban, leaving dealers in limbo
On the Dash:
Polestar will not appeal its U.S. ban and will wind down American operations, the WSJ reported.
State franchise laws may still require the EV maker to compensate...
Polestar dealers respond after U.S. blocks future vehicle sales
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting the industry.
I’m...
Polestar cuts prices by up to $25,000 ahead of U.S. sales ban
On the Dash:
Polestar is discounting the Polestar 3 and 4 by up to $25,000 before its 2027 exit.
Commerce Department banned Polestar, owned by Geely, over Chinese software issues.
...
Polestar’s U.S. exit leaves dealers searching for answers
Polestar will leave the U.S. market with the 2027 model year, stranding 32 franchised dealers with their stores, their staff, and customers already driving the brand. The automaker failed a...
U.S. bans Polestar from selling new vehicles starting with MY2027
On the Dash:
The Commerce Department denied Polestar authorization under the Connected Vehicle Rule, blocking new U.S. sales from the 2027 model year forward.
Polestar will sell off its remaining...
Polestar secures $300M lifeline as EV maker struggles with losses
On the Dash:
Polestar secured $300 million in financing and converted $300 million of debt into equity to improve liquidity.
The EV maker has lost nearly all market value since...
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