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German defense giant Rheinmetall may take over VW factory to make tanks

Volkswagen is open to exploring military equipment manufacturing to support Germany's defense efforts, as stated by CEO Oliver Blume, despite there being no formal proposals received yet.
Volkswagen has stated it is open to manufacturing equipment for the German military to enhance Europe's defense capabilities, as indicated by CEO Oliver Blume.
Blume emphasized that Volkswagen has not engaged in discussions about producing military equipment but is willing to cooperate if necessary.
There have been no formal proposals from defense partners, but Volkswagen is ready to cooperate using its industrial capabilities as a major car manufacturer.

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Eesti Rahvusringhääling

Rheinmetall overtakes Volkswagen in market value

European countries plan to increase defense spending, and Rheinmetall shares are hitting new highs. However, the European auto industry is struggling, and the German arms company has overtaken Volkswagen in market value.

9 hours ago·Estonia

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Politico Europe

German defense giant Rheinmetall overtakes VW valuation

Germany’s economic agenda is shifting from cars to defense as the United States retreats and Russia threatens.

13 hours ago·Brussels, Belgium

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Berliner Zeitung

"People's Armor" against the VW Crisis: Experts Celebrate Volkswagen Military Plans

VW is considering entering the armaments industry. With the production of military vehicles some VW locations could be saved. What do experts say about this?

1 day ago

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