Daily Sabah22h
Rheinmetall boss tags VW plant as fit for military production
Volkswagen's plant in the German city of Osnabrueck would be a good fit for conversion to military production, the chief ...
German Arms Maker Rheinmetall Has Record Sales in ‘Era of Rearmament’
Since the start of the war in Ukraine, the company moved quickly to meet Europe’s growing need for military spending.
Volkswagen's volume brands operating result down 4.3% amid cost-cutting drive
Volkswagen's core brands, including VW Passenger Cars, Skoda, SEAT/CUPRA and Commercial Vehicles, reported a 4.3% drop in ...
Volkswagen opens doors for arms opportunity
German automaker Volkswagen is open to manufacturing weapons and military equipment, CEO Oliver Blume revealed, as the ...
Rheinmetall's stock hits record high on European defense spending
As Europe’s largest producer of ammunition, Rheinmetall ( OTCPK:RNMBY) ( OTCPK:RNMBF) currently manufactures 750,000 rounds ...
Less than 90 years have passed — Volkswagen, founded by Hitler, is returning to military rails
The German automobile company Volkswagen said it was ready to consider the possibility of manufacturing equipment for the ...
The New York Sun1d
Back to Its Roots: Volkswagen Flirts With Building Military Equipment Amid Sliding Car Sales, European Rearmament
Things are grim for auto producers in Europe, where car sales have nosedived to 10.6 million a year from 15.1 million annually pre-pandemic. Meanwhile, German car exports fell by 50 percent, to a ...
Reuters1d
Rheinmetall AG
European shares recover after Germany agrees to debt rules overhaul, creates special fund European shares bounced back on Wednesday from steep declines logged in the previous session with German ...
Germany’s biggest weapons contractor—now worth more than Volkswagen—could literally be moving onto carmaker’s turf
Rheinmetall is open to the prospect of buying up an unwanted Volkswagen site, the latest sign of a shift in Germany's industrial backbone.