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 for future vehicle sales. Dealers could face additional exposure if automakers use regulatory restrictions to terminate franchise agreements. On Wednesday, a New Jersey-based Polestar retailer, Prestige Imports, filed a lawsuit against the automaker seeking at least $25 million, claiming that the automaker had been planning to exit the U.S. market for years, even before the U.S. Commerce Department denied authorization for the company to sell 2027-model-year vehicles and later models. The lawsuit challenges Polestar’s use of the federal restrictions as…
