The U.S. auto market comprises thousands of independent car dealerships that have traditionally been an important segment of America’s auto economy, with vehicle sales, finance and insurance, service and maintenance, repairs and parts all blending into a business with separate sources of income. State franchise regulations may provide entrenched dealers with substantial market protections, and […]
Rivian Reports Strong Second Quarter Revenue Growth and Electric Vehicle Milestones
Electric vehicle enthusiasts have plenty of reasons to celebrate as Rivian Automotive delivers an exciting round of second-quarter results. The innovative automaker is making impressive strides across its financial performance, vehicle delivery numbers, and cutting-edge technology rollouts. From rising consolidated revenues to the start of customer deliveries for its highly anticipated R2 SUV, Rivian is […]