In response to the impact of factors such as the US tariff policy and market slump, German automobile giant Volkswagen Group announced on September 7 that it will sell its factory in Osnabrück in northwestern Germany to an investment company headquartered in Israel and the German state government of Lower Saxony. The factory will switch from producing automobiles to manufacturing military products. According to the news, the move could secure nearly 90% of the 1,800 jobs at the Osnabrück plant. After the factory's production line stopped producing automobiles in 2027, the “first pillar project” it took over was a cooperation with an Israeli military company. The products may include anti-aircraft weapon systems and components, and related products will mainly be delivered to European countries.

Zhitongcaijing · 1d ago
In response to the impact of factors such as the US tariff policy and market slump, German automobile giant Volkswagen Group announced on September 7 that it will sell its factory in Osnabrück in northwestern Germany to an investment company headquartered in Israel and the German state government of Lower Saxony. The factory will switch from producing automobiles to manufacturing military products. According to the news, the move could secure nearly 90% of the 1,800 jobs at the Osnabrück plant. After the factory's production line stopped producing automobiles in 2027, the “first pillar project” it took over was a cooperation with an Israeli military company. The products may include anti-aircraft weapon systems and components, and related products will mainly be delivered to European countries.