Rivian has filed a lawsuit against the U.S. government seeking a full refund of tariffs it paid under President Trump's 'Liberation Day' taxes, which the Supreme Court later ruled unconstitutional. The automaker aims to secure tens of millions of dollars in refunds as it rolls out its first mass-market SUV, the R2, and works toward profitability. The lawsuit demands the government guarantee repayment with interest and cover court fees, highlighting ongoing challenges importers face in obtaining refunds despite the Supreme Court ruling. This legal move comes amid Rivian's efforts to manage costs and invest heavily in autonomous vehicle development while expanding production.
The U.S. Department of Justice charged two Volkswagen engineers, Michael Stamp and Marcus Plank, with securities fraud for allegedly using confidential information about Volkswagen's joint venture with Rivian to make over $300,000 in illegal profits....
The US National Highway Traffic Safety Administration (NHTSA) will start creating new safety rules for automakers to ensure drivers and passengers can safely exit vehicles. This move follows incidents, including fatal ones, where people were trapped ...
