Rivian CEO Criticizes State Laws on Car Dealerships, Labels Them ‘Nearly Corrupt’
Palo Alto, Calif. – Rivian CEO RJ Scaringe has openly criticized state laws that require car manufacturers to sell their vehicles through dealerships. In a recent statement, Scaringe highlighted the considerable challenges that these regulations pose for new entrants in the auto industry, particularly electric vehicle (EV) companies like Rivian, which prefer direct sales models. During the discussion, Scaringe argued that the dealership model is outdated and primarily benefits the dealership industry rather than consumers or manufacturers. He stressed that such laws stifle innovation and competition, which is critical in the rapidly evolving automotive sector, … Read more