Greg Kelly, accompanied by his wife Dee, were escorted to Tokyo’s Haneda international airport, by the U.S. Ambassador to Japan, Rahm Emanuel, and checked onto a flight for home.
The new funding translates into a nearly $700 million valuation for AutoFi and follows four straight years of doubling revenue.
Rivian sharply increased prices on its R1T pickup and R1S SUV, angering preorder buyers. CEO RJ Scaringe backtracked, but only for existing customers.
Polestar may profess to startup culture, but it has what most startups lack — access to the engineering, manufacturing and sales infrastructure of an automotive conglomerate.
Nearly a year and a half into the job, Ford’s CEO is making the kind of transformative move that ultimately could define his legacy.