(Reuters) -Polestar’s third-quarter vehicle sales jumped, bolstered by resilient demand in the Swedish electric-vehicle maker’s home market of Europe despite a tough macroeconomic backdrop marked by tariffs and cautious consumer spending.

The company sold an estimated 14,192 cars in the third quarter, a rise of 13% over the year earlier, it said in a statement on Thursday.

Polestar has rolled out discounts and leasing incentives to boost EV sales, while U.S. trade tariffs on global trade partners weighed heavily on the automotive industry, prompting manufacturers to reconfigure supply chains and relocate production to soften the blow.

“The third quarter saw continued growth, and we have now sold as many cars as in the whole of 2024,” Polestar CEO Michael Lohscheller said.

“Despite cont

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