Volkswagen Turns One of Its Factories to Defense to Get Out of Its Crisis
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Volkswagen has signed an agreement with an Israeli investment group, after which the factory in Osnabrück of the German car manufacturer, in difficulty, will change its production profile, moving from cars to components intended for the Israeli air defence system manufacturer "Iron Dome", according to Financial Times. According to the plan announced on Monday, Aurelius Capital will [...] Article Volkswagen converts the factory in Osnabrück: The …
While Volkswagen is going through one of the worst crises in its history, the German car group is trying to get out of it by giving up one of its factories, which will be converted to a completely different sector from the car.
On Monday, Volkswagen concluded a preliminary agreement which provides for the conversion of a ...
The crisis at German car giant Volkswagen continues to deepen, as thousands of workers in Wolfsburg protest against management and CEO Oliver Blume. However, according to the latest information reported by Bild, the German giant is preparing unexpected rescue plans for certain endangered plants, reports HAK Revija. The biggest surprise refers to the factory in Emden, where the possibility of complete […] The post Complete repurposing of the plan…
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