Car sales on finance up a third on a year ago
18 May 2012
A wholly-owned subsidiary of VWFS AG in Braunschweig Germany, Volkswagen Financial Services was established in 1994 and is the second largest finance subsidiary in the Volkswagen Group of companies.
Volkswagen Financial Services' primary objective is to provide finance and insurance to those buying automotive products from the group's companies. Buyers of Volkswagen, Audi, Bentley, SEAT, Skoda and Lamborghini cars can all qualify for finance from the firm.
The UK administrative and operational headquarters of the company, which serves more than 250,000 customers across the UK, are at Milton Keynes in the South East of England.
According to the firm, its banking and leasing operation combined is Europe's largest automotive vehicle financial services organisation. Its finance coverage spans more than 1.9 million new and used cars across the globe.
