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Automobilindustrie: Volkswagen will Werk in Osnabrück verkaufen

Der Automobilkonzern will das Werk an einen Finanzinvestor und das Land Niedersachsen verkaufen. Zukünftig soll sich der Standort auf Sicherheits- und Verteidigungslösungen konzentrieren.

Automobilindustrie: Volkswagen will Werk in Osnabrück verkaufen

Volkswagen has sold its German Osnabrück plant, which will transition to producing armaments. The plant, operated by Oliver Blume, was initially set to cease vehicle production in summer 2024 due to excess capacity above current demand. Israeli investment firm Aurelius Capital will become the majority shareholder, with Lower Saxony state participating.

The facility will shift to manufacturing air defense systems for both the German and European markets. Israeli company Rafael Advanced Defense Systems will contribute their technical expertise and defense experience. The strategic reorientation aims to secure the long-term viability of the plant, retaining current employees in manufacturing and production industrialization.

Established in 1899, the Osnabrück plant currently produces small series vehicles and specialized models.

Written by urgent.news from Expansion ES's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at handelsblatt.com →

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