3 dealerships in Calif., 1 in Ore. change hands in Q4 deals
Victory Automotive Group and a dealer who just opened GM’s first BrightDrop store were among buyers in transactions in November and December.
2022 Toyota Tundra Capstone rumbles into luxury pickup space
The new halo version of the full-size pickup will ride on standard 22-inch chrome wheels and be loaded with standard options to compete with domestic plush pickups.
Automotive tech supplier Aptiv agrees to buy Wind River in $4.3 billion deal
Wind River makes software for companies in the aerospace and defense, telecommunications, industrial and automotive sectors. The company’s 2021 revenue was about $400 million.
Rivian COO stepped down in December; stock slide continues
Rod Copes, who had held the COO title at Rivian since March 2020, left last month, according to his LinkedIn profile.
Tesla’s top Black executive steps down as head of HR
Valerie Capers Workman has been a prominent voice from within the company on issues of race and has also played a key role leading Tesla’s response to Covid-19 hazards.