Browsing: Volkswagen

German automotive manufacturer Volkswagen AG agreed on Monday to sell its Osnabrück assembly plant to Israeli private equity firm Aurelius Capital and the German state of Lower Saxony. Under the preliminary agreement, the new owners will convert the vehicle manufacturing site into a dedicated security and defense production facility. The strategic transaction marks the first major industrial conversion of a German car factory to supply military hardware amid ongoing structural reorganization across Europe’s automotive sector. Israel Aurelius German state to take over VWs Osnabrueck plant defense projects to supply air defense equipment for European security markets.

BRUSSELS, December 17, 2025: The European Union is set to ease its planned 2035 ban on the sale of new combustion engine vehicles…

Tesla’s sales in Germany and the UK dropped to their lowest levels in over two years in April, reflecting rising competition and backlash against Elon Musk.

The European Union moves ahead with tariffs on Chinese electric vehicles despite opposition from Germany, risking potential retaliation from China in the bloc’s biggest trade clash in a decade.

Volkswagen is recalling 143,000 of its Atlas SUVs in the United States due to a faulty sensor on the front…