Rivian Halts Amazon Delivery Van Production Due to Parts Shortage

Rivian (RIVN) has announced a temporary suspension of Electric Delivery Van (EDV) production at its Normal, IL plant due to a parts shortage. This development impacts Rivian’s significant contract with Amazon, which ordered 100,000 EDVs in 2019. While production of Rivian’s R1S and R1T models remains unaffected, the delay in EDV manufacturing comes at a
FTC Takes Legal Action Against Asbury Automotive for Hidden Fees and Discrimination

The Federal Trade Commission (FTC) has taken legal action against Asbury Automotive, accusing the company of charging consumers for unwanted add-on items and engaging in discriminatory practices. The complaint specifically addresses three Texas dealerships — David McDavid Ford Ft. Worth, David McDavid Honda Frisco, and David McDavid Honda Irving — as well as Ali Benli,