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Volvo Fought The US Ban And Won. Polestar Isn’t Even Trying

  • Polestar won’t appeal the US ban ending sales after the 2027 model year.
  • Volvo secured an exemption, but Polestar won’t pursue the same route.
  • America accounted for just 6% of Polestar’s global sales last year.

Polestar will soon bid farewell to the United States and instead focus on markets where its models are more popular. That’s bad news for customers across the country, and worse news for the 32 Polestar dealerships operating here.

The US Department of Commerce’s Bureau of Industry and Security said last month that it would not allow Polestar to sell new cars in the country beyond the 2027 model year, citing the company’s Chinese ownership and technology.

Read: Polestar Owners Fear A Fisker-Style Resale Collapse After US Ban

Polestar could have contested the decision and pushed government officials for an exemption like the one granted to Volvo. If that failed, it could have gone to court. Despite having those options, Polestar says it won’t appeal the ban.

“We will instead focus our investments on markets where we have a strong brand position and ability to achieve profitable growth, with a strong weighting towards Europe,” Polestar spokesman Michael Ofiara told the Wall Street Journal.

 Volvo Fought The US Ban And Won. Polestar Isn’t Even Trying

Last year, Polestar sold a measly 5,747 vehicles in the United States, even though the Polestar 3 and Polestar 4 are both excellent cars. With numbers that thin, the US accounted for just 6 percent of the company’s global sales, and it’s entirely possible the brand would have walked away before long even with permission to keep selling.

The Dealer Fallout

Dealerships are now left holding the bag. Many Polestar dealers, who frequently sell Volvo models too, have spent millions building out facilities for the EV-focused brand, presumably hoping it might one day grow into a serious volume seller to rival European rivals and maybe even Tesla.

 Volvo Fought The US Ban And Won. Polestar Isn’t Even Trying

One dealer owner, Matthew Haiken, told the WSJ he had sunk “millions” into a new Polestar dealership in East Hanover, New Jersey, only to pause construction last month when the ban was first announced. Learning that Polestar won’t appeal the decision, he said, is “really upsetting to hear.”

How the company plans to make things right with dealers is still unclear. According to New York attorney Russell McRory, state laws often require manufacturers to compensate dealers when they exit a market, and the usual way to sidestep that obligation is bankruptcy. Polestar says it will work with dealers to “manage this transition,” but hasn’t offered specifics.

Deals On The Way Out

 Volvo Fought The US Ban And Won. Polestar Isn’t Even Trying

Now that it’s heading for the exit, Polestar wants the stock gone, and earlier this month it put real money on the hood of the Polestar 3 and 4. The discounts run as deep as $25,000, though buying from a brand on its way out of the country carries obvious risk. The saving grace is that Polestar isn’t going under. It stays in business everywhere else, and its US service centers will remain open to look after the cars already sold.

“We will continue to sell our existing stock of vehicles in the U.S., and our retailers will continue to support customers through sales, service and aftersales activities,” a press spokesman told the publication.

 Volvo Fought The US Ban And Won. Polestar Isn’t Even Trying

GM’s EV Trucks Bombed, So Dealers Are Offering Huge Discounts

  • Dealers are slapping big discounts on slow-selling GM electric trucks.
  • A new 2024 model has been marked down by more than $21,000.
  • Many trucks have been transformed into courtesy transportation vehicles.

General Motors had high hopes for electric trucks, so they went all in with a Chevrolet Silverado EV as well as two GMC pickups. Unfortunately for them, they’ve all been a massive flop.

The sales chart paints a brutal picture as Silverado EV sales have plunged 32.5% through the first six months of the year. Dealers have only sold 3,672 units, and that equates to a mere 612 per month.

More: North America Cratered And Even China Fell, Dragging Global EV And PHEV Growth To 0.9%

While Sierra EV sales were up 9.8% to 3,044 units, those gains were more than offset by a huge drop in demand for the GMC Hummer EV lineup. Sales of the truck and SUV plunged 54.9% through June to 3,601 vehicles.

Adding all those sales up results in a mere 10,317 units. To give you an idea of how bad that is, Chevrolet found 25,418 buyers for the ancient Express van.

 GM’s EV Trucks Bombed, So Dealers Are Offering Huge Discounts

Given low sales and lackluster demand, it’s no surprise that dealers are offering huge discounts on the Silverado EV. One of the biggest appears to be from Carr Chevrolet, which still has a 2024 model on their lot. To get rid of the work truck, the $75,345 pickup has been given a hefty $21,396 discount. This lowers the cost of entry to $53,949 before a $250 document fee.

McCarthy Chevrolet in Lee’s Summit, Missouri, also has a relic from 2024. In this case, it’s an upscale RST which stickered for $96,995. However, even after a $15,000 discount, it still feels overpriced at $81,995.

If you’d rather not have an electric truck that dates back to the Biden administration, Advantage Chevrolet of Hodgkins, Illinois, has an $8,589 discount on their 2026 Silverado EV LT Max Range. Since the model originally stickered for $95,584, buyers can now get it for $86,995.

 GM’s EV Trucks Bombed, So Dealers Are Offering Huge Discounts

It’s a similar story at Clay Cooley Chevrolet in Texas, where pricing on a 2026 Silverado EV LT has been slashed by $9,000. That lowers the cost of entry to $53,995.

If you’d rather opt for the more attractive Sierra EV, there are plenty of discounts to be found. AutoNation Buick GMC Corpus Christi is offering $10,565 in savings on a 2026 Elevation Extended Range. This lowers the price tag from $79,335 to $68,770.

 GM’s EV Trucks Bombed, So Dealers Are Offering Huge Discounts

Covert Buick GMC has knocked $7,000 off the price of their Sierra EV Elevation Extended Range. It now stickers for $60,685 before a $225 document fee.

Those are just a few examples, but there are countless others out there. As a result, it pays to shop around and haggle. It’s also worth noting that a number of dealers appear to be putting the EVs into service as courtesy transportation vehicles.

 GM’s EV Trucks Bombed, So Dealers Are Offering Huge Discounts

A Collector Leaked Ferrari’s Luce Sales Pitch Email And His Reply Was Brutal

  • Ferrari’s EV sales pitch drew a brutal response from one well-known collector.
  • The collector called the Luce “un-Italian” and unworthy of the badge.
  • The exchange highlights the uphill battle facing Ferrari’s first EV.

Ferrari knew its first EV wouldn’t be universally loved. What it probably didn’t expect was for one of the enthusiasts it was actively trying to recruit as a customer to publicly torch the car in a response that’s now circulating online. The exchange offers a rare glimpse into the pushback Ferrari is facing as it prepares to bring the Luce to market.

According to screenshots shared online, Ferrari sales consultant Lee Perkins reached out to hypercar collector Jeffrey Cheng, better known on Instagram as @speedy_jeff. The email described the Luce as Ferrari’s vision for the future while assuring potential buyers that the driving experience remains faithful to the brand’s DNA.

More: Ferrari’s Luce May Not Have Sold Out In China After All, But Buyers There Love It Anyway

Perkins explained that Ferrari was contacting a select group of owners and EV enthusiasts interested in learning more about allocations and the ordering process. Cheng’s response was anything but encouraging. “You honestly have to be kidding me,” he wrote before saying he wouldn’t be “caught dead” in the vehicle. He went on to say he felt “almost embarrassed” for Ferrari sales consultants tasked with selling the car and described the Luce as an “abomination.”

The criticism wasn’t directed solely at the fact that the Luce is electric. Instead, Cheng focused heavily on the styling, arguing that the design feels disconnected from Ferrari’s heritage. “The Luce isn’t worthy of a Hyundai or Kia badge, let alone a Ferrari badge,” he wrote. “It’s an absolute joke on so many levels that it’s literally unfathomable a group of Italians—arguably some of the best automotive designers in the world—could approve something so completely un-Italian.”

Cheng argued buyers could purchase top-tier EVs from Tesla, Rivian, and Lucid and still have enough money left over for a private-jet vacation. Perhaps the most telling part of the email came when Cheng suggested that the only people likely to buy the Luce are customers trying to improve their standing within Ferrari’s famously complex allocation system. He concluded by encouraging the consultant to share the email directly with Ferrari executives.

Read: Nissan Deletes Its Ferrari Luce Troll Post, Mazda Doubles Down

A lot of these talking points are things that automotive enthusiasts have said online. Ferrari can probably ignore those comments. Turning a blind eye to someone in its demographic, specifically one that it reached out to directly… that’ll be considerably harder.

 A Collector Leaked Ferrari’s Luce Sales Pitch Email And His Reply Was Brutal

Photos Ferrari, Ferrari China | H/T to The Supercarblog

Canada’s EV Rebates Sent March Sales Up Over 80%, Dealers Are Still Owed Millions

  • Dealers can apply rebates to EVs when they’re sold and are then reimbursed.
  • Many dealerships in Canada are still waiting for the government to pay them back.
  • Canada’s Electric Vehicle Affordability Program will include $2.275 billion in subsidies.

New car buyers in Canada are making the most of newly introduced EV subsidies and, since February, have already claimed more than $122 million. However, a new report reveals that many dealerships are still waiting on the government to reimburse them.

Canada’s Electric Vehicle Affordability Program (EVAP) was reintroduced on February 16 and allows dealers to immediately apply the applicable rebate and then seek reimbursement from the government. As of May 29, 24,389 claims had been recorded in the database, totaling $122 million in subsidies from the $2.275 billion allocated by the government over the next five years.

Read: Americans Pay $37K For The Cheapest Tesla, Canada Got A Chinese One For $29K

Incentives are available for vehicles that cost $50,000 or less. They can reach up to $5,000 for battery-electric and fuel-cell electric vehicles, and at $2,500 for plug-in hybrid vehicles.

The program’s reintroduction is great news for buyers. Canada operated a similar rebate program between 2019 and 2025, encouraging locals to buy more fuel-efficient vehicles. When that program ended in January 2025, EV sales fell from an 18 percent share of total new car sales to just 10 percent.

According to CTV News, sales jumped more than 80 percent in March compared to February, right after the rebates could be claimed again.

However, while vehicles sold from February 16 have been eligible for the subsidies, dealers weren’t able to file reimbursement claims until April 6. The Canadian Auto Dealers Association (CADA) says many dealerships are still waiting to be paid, with some waiting for more than $200,000 in rebates.

Some Delays Caused By Simple Typos

 Canada’s EV Rebates Sent March Sales Up Over 80%, Dealers Are Still Owed Millions

“The commitment to pay dealers in a timely manner has not happened in the early days of the program,” CADA spokesperson Huw Williams said. “There does not seem to be an appreciation that the timelines for repayment are hurting business cash flow. This is money we are advancing on behalf of the federal government.”

Some rebate claims have reportedly been rejected due to simple typos, and there’s no way to appeal or review those denials. According to Transport Canada, it’s working to quickly make the reimbursements.

“There is no hold on repayments; complete and validated claims continue to be processed and reimbursed,” it said. “While Transport Canada aims to process complete and accurate claims as quickly as possible, timelines may vary depending on validation requirements and submission volumes.”

 Canada’s EV Rebates Sent March Sales Up Over 80%, Dealers Are Still Owed Millions

Tesla’s Signature Edition Buyers Face A $50,000 Resale Ban Tesla Already Failed To Enforce Once

  • Tesla’s final Signature Edition Models come with a one-year no-resale clause.
  • Flip one earlier than that, and Tesla could demand at least $50,000.
  • Lifetime FSD, free Supercharging, and connectivity die with the first owner.

Production of the Tesla Model S and Model X is ending with 350 Signature Edition cars. Each one gets a ton of perks and a premium price tag. On top of that, buyers have to agree not to sell for at least one year from delivery. Tesla has tried and failed to enforce this type of thing before. This time, it might have figured out the right levers to pull.

Buyers of the last-ever Signature Edition versions of the Model S Plaid and Model X Plaid will reportedly have to sign a strict no-resale agreement before taking delivery. According to the order documents spotted by Not A Tesla App, owners agree not to sell or even attempt to sell the vehicle within the first year after delivery. Breaking the agreement evidently makes owners subject to liquidated damages of $50,000 or however much profit they make, whichever is greater.

More: You’d Have To Be High To Pay $159,420 For Tesla’s Signature Editions

The move is clearly aimed at keeping speculators from immediately flipping the final 350 Signature Editions for huge profits. Tesla is only building 250 examples of the Model S and 100 of the Model X, each finished in exclusive Garnet Red paint with gold badging and unique trim. Tesla tried this with the Cybertruck and the entire scheme fell apart, aside from the brand allegedly blacklisting some customers.

The policy was met with immediate backlash. Owners argued Tesla was trying to control something they had already paid for, while others simply ignored the clause and listed their trucks anyway. Within months, Tesla quietly dropped the restriction as Cybertruck supply increased and the market cooled. This time around, there are some key differences.

Signature Edition Model S/X orders contain a No Resale Agreement.

Here is the document.

Additionally, here is the resale clause which states the Luxe Package does not transfer (this is not new) pic.twitter.com/CGB5QBJIL6

— The Cybertruck Guy (@cybrtrkguy) April 12, 2026

The new agreement is cleaner and potentially easier to enforce. Unlike the Cybertruck contract, which relied on vague “unforeseen reason” language, the Signature Edition version flatly says owners cannot “sell or otherwise attempt to sell” the car within a year.

Tesla also has a stronger case because these are truly limited: just 350 cars total, versus thousands of Cybertrucks. Most importantly, Tesla made the biggest perks like FSD, free Supercharging, and Premium Connectivity non-transferable. That means even after a year, the car is worth less to a second owner, reducing the incentive to flip it in the first place. Will that stop every buyer from selling within 12 months? We doubt it.

NEWS: Tesla has announced a Signature Edition Model S and Model X as a final goodbye for these two vehicles.

• Price: $159,420
• Only 250 Model S & 100 Model X Signature Editions will be built. All Plaid variants.
• Garnet Red exterior paint
• Matching Garnet Red Door… https://t.co/3FYGlbKEa2 pic.twitter.com/VA8NZN8Mht

— Sawyer Merritt (@SawyerMerritt) April 11, 2026
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