New showrooms will help to protect residual values of growing second-hand fleet
Polestar will significantly expand its UK retail presence in the next 18 months, both to prepare itself for two new models arriving, and to allow for a substantial push of used car sales to expand its customer base. The firm currently has nine Spaces across the UK, all of which are based in shopping centres. But the imminent arrival of the Polestar 3 and 4 SUVs alongside the existing 2 will effectively triple its line-up, creating an opportunity to significantly grow sales.
” Galvin said that retail expansion isn’t just focused on new car sales, but on growing its approved used offering. “Pre-owners cars are going to be a big consideration for us going forward, especially with the first pre-owned 2 now coming back from leasing companies,” he said.
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