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Group>Brands & Brand Groups

Volkswagen Financial Services

Volkswagen Financial Services are a fundamental part of the Volkswagen Group. Together with the Group brands, the company develops a mobility platform that gives all customers fast, digital and flexible access to mobility – from hours, days and weeks to months and years.

#Brands #Mobility Solutions
At the Volkswagen Financial Services campus in Braunschweig, Germany
Typologo of VWFS

Location

Brunswick, Germany

Since

1948

Employees

approx. 17,000

Volkswagen Financial Services is the Volkswagen Group's financial and mobility services provider. In addition to direct banking and dealer financing, the company's core business mainly comprises vehicle financing and leasing, rentals and car subscriptions, insurance activities, fleet management, and other mobility services.

The Volkswagen Financial Services Group also includes Volkswagen Group Fleet International, which coordinates, manages and is responsible for the fleet customer business in the Volkswagen Group for all countries and brands. This includes all brands active in this field, both nationally and internationally.

Volkswagen Financial Services have a long overall history. With the founding of Volkswagen Versicherungsdienst in 1948, the Volkswagen Group's first financial service was introduced to the world at an early stage. In the years that followed, the establishment and expansion of the banking, leasing and services business laid the foundation for current and future business success.

Today, Volkswagen Financial Services acts as a global sales driver for the brands of the Volkswagen Group and supports them in strengthening customer loyalty by offering a wide range of mobility services. As part of the Group's strategy, the aim is to offer all customers mobility service solutions ranging from a few hours to several years via a uniform platform – simply, transparently and digitally. In doing so, Volkswagen Financial Services is consistently delivering on the brand promise of being "The Key to Mobility".

To the Volkswagen Financial Services international business area

Portrait of Dr. Christian Dahlheim
“We offer our customers mobility from a single source – digital, flexible and always accessible. To this end, we are developing the mobility platform for the brands of the Volkswagen Group.”
Dr. Christian Dahlheim CEO of Volkswagen Financial Services AG
Portrait of Dr. Christian Dahlheim

Facts and figures

46
percent
of the cars sold by the Volkswagen Group worldwide are financed or leased through Volkswagen Financial Services
22
million units
the global contract portfolio of Volkswagen Financial Services amounted to 22 million units in 2022.
240
billion EUR
so high was the value of total assets reported by Volkswagen Financial Services at the end of 2022.
17,000
employee
across the world, 17,000 employees work for Volkswagen Financial Services in 47 markets.

Volkswagen Group Fleet International

To the FleetHub of the Volkswagen Group

www.groupfleet.com

Group Fleet
The specified fuel consumption and emission data does not refer to a single vehicle and is not part of the offer but is only intended for comparison between different types of vehicles. Additional equipment and accessories (additional components, tyre formats, etc.) can alter relevant vehicle parameters such as weight, rolling resistance and aerodynamics, affecting the vehicle's fuel consumption, power consumption, CO2 emissions and driving performance values in addition to weather and traffic conditions and individual driving behavior. Further information on official fuel consumption data and official specific CO2 emissions for new passenger cars can be found in the "Guide to fuel economy, CO2 emissions and power consumption for new passenger car models", which is available free of charge from all sales dealerships and from DAT Deutsche Automobil Treuhand GmbH, Hellmuth-Hirth-Str. 1, D-73760 Ostfildern, Germany and at www.dat.de/co2.