Volkswagen has reached a preliminary agreement to move one of its German plants into defense production under new ownership ...

German automaker Volkswagen will sell one of its factories and transform this facility into a military weapons production ...

Aurelius, Lower Saxony, and Rafael plan to use the site to produce air defence systems and components for Germany and Europe.

The European auto giant, facing competition from China and declining profits, is considering a historic turnaround that could ...

The German state of Lower Saxony and Aurelius Capital are the parties in question. As for the proposed agreement, Aurelius ...

Plans for German factory emerge days after carmaker announced major job cuts Volkswagen has agreed key terms for the planned ...

Volkswagen’s Osnabrück plant could become a defense hub under a planned takeover by Aurelius Capital and the German state of ...

Aurelius and the State of Lower Saxony, together with Rafael Advanced Defense Systems, are planning an initial anchor project ...

Once car production has ceased, the Volkswagen plant in Osnabrück will be repurposed for defence manufacturing. Rafael will ...

VW to sell Osnabrück plant to Aurelius & Lower Saxony, shifting to defence manufacturing with Rafael; 1,400 jobs may be saved.