The dealership group hired former Disney creative director Marguerite Celeste as the company’s senior vice president and chief marketing officer effective immediately. It is Celeste’s second stint with Lithia.
Rivian said it has raised about $10.5 billion to date. It will seek a valuation of well over $50 billion in a potential public stock listing later this year, Reuters reported.
The auto retailing veteran and entrepreneur is branching into automotive finance and insurance.
The settlement resolves allegations Getaround misled consumers “by using phony owner profiles for fleet cars actually owned by Getaround.”
The acquisition would make Lithia the second public dealership group in the Canadian market.