WardsAuto Daily Edition
WardsAuto Daily

MAY 25, 2021

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Volkswagen Receives €7.5 Billion Offer for Lamborghini

A Swiss-Anglo investment consortium seeks acquisition of the Italian supercar manufacturer despite “not for sale” rhetoric from parent company Audi.

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Autoline Daily 2021: Top Industry News for May 25

Denso & Honeywell Partner on Aircraft; Is This the Audi Landjet?; SUVs 8-Times More Profitable Than Sedans?

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JV to Bring More of Ford’s EV Supply Chain In-House

Ford and SK Innovation’s joint venture, called BlueOvalSK, targets annual battery production of 60 GWh annually by 2025, which is enough capacity for about 600,000 vehicles.

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BMW to Unveil All-New iX, i4 BEVs June 1

BMW describes the iX as the company’s technology flagship, bringing together the latest developments in electrification, connectivity, design and services. The 4-door i4 Gran Coupé boasts sporty looks and driving dynamics, the automaker says.

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Ford and SK in Battery JV; California’s Plan; Musk Shopping in Europe?

Ford and South Korean battery maker SK to partner on U.S. joint venture, while California looks to speed EV adoption and Tesla makes plant news around the globe.

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