Defense giant Rheinmetall is no longer interested in Volkswagen's vehicle plant in Osnabrück. "Under the current conditions, a takeover of the Osnabrück plant is not an option for Rheinmetall," a spokesperson announced on Thursday. The facility had been considered by Rheinmetall for the production of 6x6 wheeled armored vehicles. However, no additional capacity is currently required. "To meet the increased demand for the Boxer 8x8 wheeled armored vehicle, Rheinmetall is expanding its capacity in Kassel," the spokesperson added.
The Wolfsburg-based automaker has extended production of the T-Roc Cabriolet in Osnabrück until 2027. However, the future of the factory and its approximately 2,300 employees remains uncertain beyond that date. Volkswagen stated that the group is currently evaluating how the Osnabrück site can be utilized once T-Roc Cabriolet production comes to an end.
(Report by Matthias Inverardi, edited by Ralf Banser. For inquiries, please contact our editorial office at berlin.newsroom@thomsonreuters.com (for politics and economics) or frankfurt.newsroom@thomsonreuters.com (for companies and markets).)
Rheinmetall AG specializes in the design, manufacture and marketing of equipment, components and solutions for the military and civilian industries. Net sales break down by family of products as follows:
- vehicle systems (38.7%): multi-purpose wheeled and tracked vehicles (tactical military vehicles, support vehicles, logistics vehicles and special vehicles);
- weapon and ammunition systems (26%): automatic cannons for land, air and sea vehicles, smooth-bore weapons, artillery systems, smart projectiles, high-energy lasers, etc.;
- sensors, actuators and power systems (20.8%): actuators, exhaust gas recirculation systems, throttle valves, exhaust gas dampers for electric motors, solenoid valves, pumps, etc. used in thermal and fluid management applications in the mobility and industrial sectors;
- electronic solutions (13.5%): sensors and networking systems, cyberspace protection solutions, air defense systems, radar systems, technical documentation solutions, integrated electronic systems, drones and automated ground robots, training and simulation solutions;
- other (1%).
Net sales are distributed geographically as follows: Germany (30.4%), Europe (46.6%), Asia and Middle East (9.6%), Americas (7.6%) and other (5.8%).
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