Rheinmetall, Volkswagen and German Defense
German defence company Rheinmetall discusses potential Volkswagen factory conversion
AG leap following earnings results and comments from the company’s CEO regarding the potential conversion of Volkswagen (ETR: VOWG_p )’s Osnabrueck factory for military production. As Volkswagen explores options for the future of the site,
Rheinmetall has become the popular way to play the European rearmament trend. Perhaps too popular. Following a 23% increase ...
Germany’s economic agenda is shifting from cars to defense as the United States retreats and Russia threatens.
The German automobile company Volkswagen said it was ready to consider the possibility of manufacturing equipment for the ...
Volkswagen's plant in the German city of Osnabrueck would be a good fit for conversion to military production, the chief ...
Since the start of the war in Ukraine, the company moved quickly to meet Europe’s growing need for military spending.
DUESSELDORF/FRANKFURT (Reuters) - Volkswagen's factory in Osnabrueck would be a good fit for a conversion to military production, the CEO of Rheinmetall said on Wednesday, as the German carmaker ...
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 ...
Rheinmetall plans to hand out more than €350mn to shareholders, as Germany’s largest weapons contractor reported record ...
Volkswagen's core brands, including VW Passenger Cars, Skoda, SEAT/CUPRA and Commercial Vehicles, reported a 4.3% drop in ...
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