Marubeni corporation and lithia & driveway make a strategic investment in wheels, partnering with apollo funds

Des plaines, ill. and tokyo and medford, ore. and new york, june 27, 2024 (globe newswire) -- wheels, a leading fleet management company in north america, announced that it received a significant minority investment from marubeni corporation (“marubeni”) and lithia & driveway (“lithia”). the strategic investment aligns wheels with notable players in the mobility space as it continues to innovate, building upon its best-in-class product offerings to corporate clients. as the pioneer in fleet leasing and services, wheels recognizes that the automotive industry is constantly evolving and welcomes the deep industry knowledge that marubeni and lithia collectively contribute to our business.
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