On the Dash: Volkswagen’s factory closures are accelerating as the automaker restructures its German manufacturing footprint. The Osnabrück deal could preserve more than 1,200 jobs while converting the site to defense production. Volkswagen’s broader restructuring includes 100,000 job cuts, fewer models and potential alternative uses for four other German plants. Volkswagen has agreed to key terms Monday to sell its Osnabrück, Germany, plant to Aurelius Capital and the state of Lower Saxony, which plan to convert the site into a security and defense production hub. Aurelius, a Tel Aviv-based investment firm focused on defense, cybersecurity and artificial intelligence, will take a majority stake in Volkswagen Osnabrück GmbH, with Lower Saxony holding…
