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...
TSLA319.690-54.32%
GM80.670-1.46%
F14.145-0.275%
RIVN16.460-0.72%
CYD45.840-0.3%
HMC27.990-0.54%
TM176.800-3.14%
CVNA60.200-2.55%
PAG215.5400.97%
LAD334.020-5.93%
AN205.100-0.87%
GPI326.680-1.25%
ABG222.140-1.22%
SAH99.110-1.77%
TSLA319.690-54.32%
GM80.670-1.46%
F14.145-0.275%
RIVN16.460-0.72%
CYD45.840-0.3%
HMC27.990-0.54%
TM176.800-3.14%
CVNA60.200-2.55%
PAG215.5400.97%
LAD334.020-5.93%
AN205.100-0.87%
GPI326.680-1.25%
ABG222.140-1.22%
SAH99.110-1.77%
TSLA319.690-54.32%
GM80.670-1.46%
F14.145-0.275%
RIVN16.460-0.72%
CYD45.840-0.3%
HMC27.990-0.54%
TM176.800-3.14%
CVNA60.200-2.55%
PAG215.5400.97%
LAD334.020-5.93%
AN205.100-0.87%
GPI326.680-1.25%
ABG222.140-1.22%
SAH99.110-1.77%
Polestar
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...
Polestar 5 performance Grand Tourer officially revealed
Polestar 5 performance Grand Tourer on sale now, priced from EUR 119,900[1] for Polestar 5 Dual motor and EUR 142,900[1] for Polestar 5 Performance.
Bespoke Polestar bonded aluminium platform, in-house developed motor...
Polestar ramps up European focus after strong Q2 sales surge
Polestar reported a strong surge in its second-quarter global sales on Thursday, primarily supported by a range of offers and discounts in Europe. The Swedish EV maker sold 18,049 vehicles...
Polestar names Rick Bryant as Head of North America
Polestar has appointed Rick Bryant as Head of Polestar North America, effective May 12.
Bryant has over three decades of automotive industry experience, including thirteen months as Head of Operations...
Premier Companies’ Joe Laham on Volvo, Stellantis, and the EV shift
On today’s episode of Inside Automotive, we’re joined once again by Joe Laham, President of Premier Companies, to discuss the shifting automotive landscape—from the return of former Volvo CEO Håkan Samuelsson...
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