: Traditional and three-way financing (with options to pay off, continue, or return vehicles) for new and used cars.
They moved into insurance, realizing drivers needed protection just as much as they needed loans. The 1980s & 90s: financial services volkswagen
For corporate clients, the division offers massive fleet management services. This includes maintenance scheduling, tire replacement, accident management, and fuel cards. Companies like Volkswagen Leasing GmbH manage hundreds of thousands of corporate cars, turning the unpredictable cost of car ownership into a predictable monthly subscription for businesses. : Traditional and three-way financing (with options to
VWFS now offers "Auto-Abo" subscription models that allow customers to book vehicle classes for as little as three months. proving that in the modern economy
While the manufacturing division focuses on building vehicles for the future, Financial Services Volkswagen ensures that those vehicles are attainable, insurable, and manageable for millions of customers worldwide. In 2023 alone, the division generated over €50 billion in revenue, proving that in the modern economy, financing a car is just as important as building one.
VWFS has heavily integrated to handle high-volume customer requests, such as payment holidays and contract updates, allowing human advisors to focus on complex cases. Volkswagen Financial Services
VWFS is shifting its business model from "ownership" to "usership," focusing on flexible access to vehicles. Finance Products Explained - Volkswagen Australia