Cox Automotive Invests $350 Million Into Rivian, Partners On Sales & Service

Credit to Author: Kyle Field| Date: Wed, 11 Sep 2019 16:38:42 +0000

Rivian has brought another giant investor on board today with the announcement that Cox Automotive is injecting $350 million as an equity investment. The investment opens the doors for the two companies to work together in service operations, logistics, and digital retailing, according to the press release announcing the deal

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