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EconomyVolkswagen reaches preliminary deal to shift German plant to defence production

Volkswagen reached a preliminary agreement on Monday to convert one of its German sites to defence production. The move is the automaker’s first such step in restructuring plants struggling to compete with lower-cost Chinese rivals.

VolkswagenGermanydefence productionplant restructuring

RReuters★★★☆☆2026-09-07 12:00Original

Volkswagen reaches preliminary deal to shift German plant to defence production
Volkswagen reaches preliminary deal to shift German plant to defence productionEconomy