You know the saying, 9 steps forward, 1.3 steps back. The latest data from the Manheim Used Vehicle Index shows a 1.3% decline in wholesale used vehicle prices from May to June. Value is still up 9.7% year over year.
TL:DR — A high-ranking S. Korean-based auto park maker is pulling a divide and conquer, while SK Group, the 2nd largest individually controlled S. Korean conglomerate, invests in safe chargers for apartment buildings. Each move feels like an investment in being key players in the global shift toward electrification.