VW CEO confirms Iron Dome production talks
Volkswagen and Rafael are exploring the conversion of the Osnabrück plant, despite protest by the Qatari investment fund which holds 17% of Volkswagen shares
Volkswagen CEO Oliver Blume recently confirmed that the company is in talks with the Israeli defense company Rafael to manufacture Iron Dome parts at the plant in Osnabruck. This new partnership, along with involvement from the federal government, aims to save the factory from closing. The Qatari investment fund, which owns 17% of Volkswagen shares, has previously expressed opposition to the plan.
Workers and unions at the plant have expressed optimism about the future of continued production at the Osnabruck site, which currently manufactures convertible models for Volkswagen until the end of 2027.
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