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In response to the impact of factors such as the US tariff policy and market slump, German automobile giant Volkswagen Group announced on the 7th 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.

Zhitongcaijing·09/08/2026 14:49:12
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In response to the impact of factors such as the US tariff policy and market slump, German automobile giant Volkswagen Group announced on the 7th 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.