Analysts have dialed back their forecasts as the semiconductor shortage persists into the second half of 2021. Some are predicting a return to normal supply and demand only in the second half of 2022.
Edward Kummer, a digital and marketing leader, who has had posts at Nordstrom, Oakley and Walt Disney Co., joins the automaker this month.
Rivian, seen as a potential future rival to industry heavyweight Tesla, disclosed an investment by Soros in July 2020 as part of a $2.5 billion investment round.
Fields, 60, a senior adviser at TPG Capital who joined Hertz Global Holdings’ board in June, takes on the new role effective immediately at the rental car giant once owned by Ford.
Fields, 60, a senior adviser at TPG Capital who joined Hertz Global Holdings’ board in June, takes on the new role effective immediately at the rental car giant once owned by Ford.