4/30/2026

speaker
NOZ Reporter
Neue Osnabrücker Zeitung (journalist)

facing Osnabrück. The NOZ newspaper today reported that you are in advanced talks with Rafael or Dynamit Nobel, which is part of Rafael, about the production facilities in Osnabrück and the plant. And the newspaper says there's already a letter of intent which was signed. Can you confirm that? Can you tell any details what's planned there? Yes, thank you.

speaker
Oliver Blume
Chairman & CEO, Volkswagen AG

We have announced that we want to come to a feasible production footprint of 9 million cars. That's what we have sold per average during the last five years. Our ambition in terms of sales is higher, but we think to be on the safe side and improving our break-even situation, that would be the feasible one. And talking about Osnabrück, As I mentioned already, our talks are advanced already. We do not comment on the partners we are dealing with. Overall, I think we feel ourselves as an experienced company in terms of automation with very qualified people, also in the responsibility for the goals of the German government. for the country protection. And this, from our part, is also to provide, to stabilize democratization in Germany. Therefore, I think it's a win-win situation at the end to adapt plant capacities and, on the other side, support the goals of the German government and European governments in terms of NATO.

speaker
André
Investor Relations Moderator

Okay, I hope this answers the question. Next line would be Lazar Bakovic from Handelsblatt. Lazar, please.

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