Germany’s biggest weapons contractor—now worth more than Volkswagen—could literally be moving onto carmaker’s turf
Rheinmetall is open to the prospect of buying up an unwanted Volkswagen site, the latest sign of a shift in Germany's ...
Audi To Layoff 7,500 Employees In Germany By 2029
Audi, the luxury vehicle manufacturer operating under the umbrella of Volkswagen AG, has recently announced plans to lay off ...
Germany's Largest Defense Contractor—Which Has Tripled In Value Since Trump's Election—Wants To Convert Idle VW Plants Into Tank Factories
Rheinmetall, Germany’s largest defense contractor, is looking to take over idle Volkswagen plants to expand its production capacity as Europe ramps up military spending. The company has tripled in ...
Less than 90 years have passed — Volkswagen, founded by Hitler, is returning to military rails
The German automobile company Volkswagen said it was ready to consider the possibility of manufacturing equipment for the ...
The New York Sun7d
Back to Its Roots: Volkswagen Flirts With Building Military Equipment Amid Sliding Car Sales, European Rearmament
Things are grim for auto producers in Europe, where car sales have nosedived to 10.6 million a year from 15.1 million annually pre-pandemic. Meanwhile, German car exports fell by 50 percent, to a ...
German Defense Giant Rheinmetall May Take Over VW Factory to Make Tanks
Rheinmetall is considering acquiring one of Volkswagen's soon-to-be idle plants, part of a broader rearmament in Europe.
Transport Topics2d
Volkswagen’s Audi Will Cut 7,500 Jobs in Germany by 2029
Volkswagen AG’s Audi plans to cut as many as 7,500 positions in Germany by 2029 as the automaker tries to shore up its flagging profitability. The reductions, which correspond to about 14% of ...
The National Interest on MSN1d
Shuttered VW Plant Could Produce German Military Vehicles
German defense giant Rheinmetall may seek to acquire a Volkswagen auto plant and use the soon-to-be-shuttered facility to produce military vehicles. Rheinmetall AG, currently Germany’s largest arms ...