Lithia (LAD) and Marubeni Make Minority Investment in Wheels
LADLithia Motors(LAD) ZACKS·2024-06-28 20:40

Lithia Motors, Inc. (LAD) , alongside Marubeni Corporation, has made a notable minority investment in Wheels, a prominent fleet management company in North America. This strategic move positions Wheels with key players in the mobility industry as it carries on to innovate its top-tier product offerings for corporate clients. Recognizing the ever-evolving automotive sector, Wheels values the extensive industry expertise brought by Marubeni and LAD.Marubeni has been investing in the U.S. automotive value chai ...