Rheinmetall is considering acquiring one of Volkswagen's soon-to-be idle plants, part of a broader rearmament in Europe.
Rheinmetall, Europe's biggest ammunition maker, has overtaken the continent's top carmaker Volkswagen in terms of market ...
Germany’s economic agenda is shifting from cars to defense as the United States retreats and Russia threatens.
Volkswagen's plant in the German city of Osnabrueck would be a good fit for conversion to military production, the chief ...
Since the start of the war in Ukraine, the company moved quickly to meet Europe’s growing need for military spending.
Volkswagen's core brands, including VW Passenger Cars, Skoda, SEAT/CUPRA and Commercial Vehicles, reported a 4.3% drop in ...
German automaker Volkswagen is open to manufacturing weapons and military equipment, CEO Oliver Blume revealed, as the ...
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 ...
As Europe’s largest producer of ammunition, Rheinmetall ( OTCPK:RNMBY) ( OTCPK:RNMBF) currently manufactures 750,000 rounds ...
The German automobile company Volkswagen said it was ready to consider the possibility of manufacturing equipment for the ...
Industrial output was 0.8% higher in January than a month earlier, while ambitious plans to boost defense investment offer hope that European manufacturers can be lifted out of their torpor.
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 ...
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