Frankfurt, Germany, Sept 7, 2026 (AFP) - Volkswagen plant to be converted for Israeli defence group

NAMPA / AFP

2026-09-07

Crisis-wracked German auto giant Volkswagen said Monday that one of its plants would be sold off and converted to make defence equipment after car production ends there. It is part of a sweeping overhaul at Europe's top carmaker, which is already pushing through the biggest job-cutting drive in global auto industry history as it battles Chinese competition, US tariffs and patchy electric car sales. The announcement is also the latest tie-up betwe......

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