Lithia & Driveway and Marubeni to invest in Wheels (NYSE:LAD)

  • Wheels received a significant minority investment from Marubeni and Lithia & Driveway, part of Lithia Motors (NYSE:LAD).
  • Wheels is a fleet management company in North America and the investment aligns Wheels with notable players in the mobility space.
  • Marubeni has a strong track record