VWFS has moved beyond simple money lending into risk management. They offer:
Volkswagen Financial Services operates in a competitive landscape, with several other automotive financial services providers offering similar products and services. Some of the key competitors include: financial services volkswagen
: Marketing off-lease vehicles directly to dealers to capture higher margins in the "second life" of the vehicle. VWFS has moved beyond simple money lending into
Recently, the group rebranded its legal structure to (Joint-stock company), signaling a move toward independence. Rumors persist in Frankfurt that VW might spin off the financial arm partially, similar to BMW’s financial wing, to unlock shareholder value. Recently, the group rebranded its legal structure to
: Reached €3.45 billion , a 15% increase year-on-year.
It is often said that car companies are essentially banks that sell cars to service the loans. While that is an exaggeration, it highlights the importance of financial services in the automotive industry.