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Volkswagen (VWAGY) to Transform Osnabrück Plant into Defense Solutions Center
GuruFocus· 2026-09-07 23:31
On September 07, 2026, Volkswagen Group announced a framework agreement with the state of Lower Saxony and Israeli investment firm Aurelius Capital regarding the potential sale of its Osnabrück plant. This facility, with a history spanning 125 years and approximately 1,800 employees, will transition from traditional vehicle production to a center for security and defense solutions. The stock ticker for Volkswagen AG is VWAGY. Volkswagen AG's current Price-to-Sales (P/S) ratio is approximately 0.29, signific ...