Mercedes leases Jeep for $2.7bn

Mercedes leases the Jeep Wrangler to Jeep for more than $2bn.The deal is worth an estimated $1.3bn.Read moreWhat’s in a lease?The deal involves a 20-year lease on a Jeep Wranglers current production line, which is expected to last from 2021 to 2023.The lease is expected only to last one year, with the option to extendRead More