The headline VW to shift from cars to missile defence in deal with Israel’s Iron Dome maker strongly implies that they are going make less cars as a result of their military business, but the article actually says this “shift” is at one of their car factories which they had planned to shut down next year.
The article also neglects to mention some relevant information about the VW Group such as its origins and who owns them today (although they are a publicly traded company, the Qatari sovereign wealth fund, the German state of Lower Saxony, and the Porsche family respectively own 10.4%, 11.8%, and 31.9% of the shares, and the Porsche family holds 53.3% the voting shares).
The headline VW to shift from cars to missile defence in deal with Israel’s Iron Dome maker strongly implies that they are going make less cars as a result of their military business, but the article actually says this “shift” is at one of their car factories which they had planned to shut down next year.
The article also neglects to mention some relevant information about the VW Group such as its origins and who owns them today (although they are a publicly traded company, the Qatari sovereign wealth fund, the German state of Lower Saxony, and the Porsche family respectively own 10.4%, 11.8%, and 31.9% of the shares, and the Porsche family holds 53.3% the voting shares).