Volkswagen Agrees to Sell Osnabrück Plant to Aurelius and Lower Saxony

Volkswagen Group has reached an agreement with Aurelius Capital and the State of Lower Saxony for the potential sale of its Osnabrück manufacturing plant. The deal aims to ensure long-term preservation of the site, which will transition from automotive production to defense equipment manufacturing under new ownership. Volkswagen plans to phase out vehicle production at the facility by 2027 after producing around 10,000 units of the T-Roc SUV this year. The future owner intends to develop Osnabrück into a center for security and defense solutions in collaboration with Rafael Advanced Defense Systems. This partnership will focus on air defense systems production for Germany and Europe. Volkswagen emphasized its commitment to supporting the transition by contributing industrial expertise, development knowledge, and existing infrastructure at the site. The agreement was praised as an important step toward securing employment opportunities while adapting to changing European security needs. Over 1,200 employees will have a future in Osnabrück under this new arrangement.

By David Leggett Tue, September 8, 2026 at 12:01 PM GMT+3 3 min read · Yahoo Finance ·

Volkswagen Agrees to Sell Osnabrück Plant to Aurelius and Lower Saxony

Topics: automotive defense manufacturing restructuring

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