World15h ago
Volkswagen's Osnabrück plant to switch from cars to defence
Crisis-hit Volkswagen has struck a preliminary deal to sell its Osnabrück plant in Lower Saxony to the state government and Israeli investor Aurelius Capital. From mid 2027, the iconic factory is expected to start producing equipment for Rafael Advanced Defence Systems, the company behind the Iron Dome missile defence system. But first, a look at the state of the German economy following far-right AfD's historic election win in Saxony-Anhalt.
This story was originally reported by France 24. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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Volkswagen finds defence future for German plant amid major overhaul
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