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[ Fri, Jan 17th 2025 ]: Tuko
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[ Fri, Jan 17th 2025 ]: MSN
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[ Thu, Jan 16th 2025 ]: unite
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[ Thu, Jan 16th 2025 ]: Forbes
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[ Thu, Jan 16th 2025 ]: AOL
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[ Thu, Jan 16th 2025 ]: Kiplinger
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[ Thu, Jan 16th 2025 ]: Forbes
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[ Thu, Jan 16th 2025 ]: Forbes
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[ Thu, Jan 16th 2025 ]: Reuters
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[ Thu, Jan 16th 2025 ]: Reuters
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[ Thu, Jan 16th 2025 ]: Kiplinger
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[ Thu, Jan 16th 2025 ]: timesnownews
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[ Thu, Jan 16th 2025 ]: MSN
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[ Thu, Jan 16th 2025 ]: MSN
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[ Thu, Jan 16th 2025 ]: Reuters
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[ Thu, Jan 16th 2025 ]: Forbes
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[ Thu, Jan 16th 2025 ]: Reuters
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[ Wed, Jan 15th 2025 ]: Forbes
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[ Wed, Jan 15th 2025 ]: Reuters
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[ Wed, Jan 15th 2025 ]: Reuters
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[ Wed, Jan 15th 2025 ]: Forbes
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[ Wed, Jan 15th 2025 ]: Investopedia
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[ Wed, Jan 15th 2025 ]: Newsroom
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[ Wed, Jan 15th 2025 ]: MSN
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[ Wed, Jan 15th 2025 ]: Reuters
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[ Wed, Jan 15th 2025 ]: MSN
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[ Wed, Jan 15th 2025 ]: Forbes
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[ Wed, Jan 15th 2025 ]: Reuters
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[ Wed, Jan 15th 2025 ]: Kiplinger
Citigroup Stock Jumps on Earnings, $20 Billion Stock Buyback News

EV maker Polestar's full-year car sales miss forecast

Polestar, the electric vehicle (EV) maker, reported that its full-year car sales for 2023 fell short of its forecast, delivering 54,600 vehicles compared to the projected 60,000. This shortfall was attributed to a challenging year marked by supply chain issues and a broader slowdown in EV demand. Despite these setbacks, Polestar remains optimistic, aiming to achieve a gross margin of 20% by 2025 and planning to launch new models like the Polestar 3 and 4. The company also mentioned ongoing cost-cutting measures and a focus on enhancing its market position amidst fierce competition in the EV sector.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/autos-transportation/ev-maker-polestars-full-year-car-sales-miss-forecast-2025-01-16/ ]