A tricycle has a forward oriented fork member (20) supported for rotation about a steering axis (14) of the tricycle, a handle bar (50) mounted to the fork member, a cargo unit (24) supported by the fork member, and a pair of transversally spaced linkages (30), wherein each linkage at a proximal end is linked to the fork member and at a distal end supports a respective front wheel (16) of the tricycle. The cargo unit and the linkages are shiftable between respective forward and backward end positions to thereby transform the tricycle to a wheel cart and vice versa.