"We have made the decision to form a single marketing organization, and while we recruit our first Chief Marketing Officer, I will be acting as Interim CMO," Scaringe wrote in the memo.

Enhanced Toyota Audio Multimedia experience will launch with 2026 RAV4 before rolling out to future models in the Toyota lineup.

"I've never been more confident in the company than I am today," Rivian's RJ Scaringe told the media at an Automotive Press Association event.