“Western automakers are taking advantage of increased defense spending to try to increase car sales and the utilization rate of idle factories.” Reuters reported on the 28th that as governments from Europe to North America increase military spending, traditional Western car companies such as Ford, GM, Volkswagen, and Strantis may begin bidding for military contracts or sell underutilized factories to defense companies. However, executives also acknowledged that the defense business accounts for a relatively small share of business operations, and this move has limited the increase in corporate revenue. Experts interviewed on the 29th analyzed that getting closer to the national defense business is a “natural approach” for Western car companies to survive, but it is still difficult to make up for the decline in the main automobile industry with this.

“Western automakers are taking advantage of increased defense spending to try to increase car sales and the utilization rate of idle factories.” Reuters reported on the 28th that as governments from Europe to North America increase military spending, traditional Western car companies such as Ford, GM, Volkswagen, and Strantis may begin bidding for military contracts or sell underutilized factories to defense companies. However, executives also acknowledged that the defense business accounts for a relatively small share of business operations, and this move has limited the increase in corporate revenue. Experts interviewed on the 29th analyzed that getting closer to the national defense business is a “natural approach” for Western car companies to survive, but it is still difficult to make up for the decline in the main automobile industry with this.