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[German Volkswagen Group wants to get out of trouble by relying on military industry demand] September 8th, in response to the impact of U.S. tariff policies, market downturn and other factors, the German automobile giant Volkswagen Group announced on September 7th that it would sell a factory in Osnabruck, northwest Germany, to an investment company headquartered in Israel and the German Lower Saxony state government. The factory will be converted from automobile production to military products. According to sources, this move can secure nearly 90% of the 1,800 jobs at the Osnabrück plant. After the factory's production line stopped producing cars in 2027, the "first pillar project" it took over was to cooperate with an Israeli military industry company. The products may include air defense weapon systems and components, and related products will mainly be delivered to European countries.
Big car news 🕐 2026-09-08 15:55

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