Frankfurt, Germany, March 27, 2026 (AFP) - Volkswagen in talks with defence firms on use of Germany plant: CEO

NAMPA / AFP
2026-03-27
Struggling German carmaker Volkswagen is in talks with defence firms to repurpose a plant in northern Germany for the production of military transport equipment, the firm's boss said Friday. Europe's biggest auto manufacturer is battling a crisis due to factors ranging from a stuttering shift to electric cars and fierce Chinese competition, and the 10-brand Volkswagen Group is in the process of cutting 50,000 jobs by 2030. As part of the saving......
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