Episode #1402: Polestar dealers demand answers as the EV brand abandons the U.S., Stellantis recruits new leaders to revive Jeep and Ram, and back-to-school shoppers prove convenience is the new value as families spend more but shop smarter.
wsj.com/business/autos/chinese-owned-ev-maker-polestar-wont-appeal-u-s-ban-leaving-dealers-in-the-lurch-c5336a5b?mod=autos_news_article_pos1
Polestar is officially hitting the brakes on the U.S. market after deciding not to appeal a federal ban on future vehicle sales. The move leaves 32 dealers, current owners, and millions in franchise investments caught in the middle of an uncertain exit.
-Polestar confirmed it won't appeal the Commerce Department's decision blocking future U.S. sales over connected-vehicle national security concerns, instead shifting investment toward Europe.
-Dealers who invested heavily in facilities, staffing, and training say they're frustrated by the lack of transparency, especially since Volvo, also majority-...