: Reached €3.45 billion , a 15% increase year-on-year.
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. financial services volkswagen
Volkswagen Financial Services (VWFS) is not just a lender; it is a global powerhouse that bridges the gap between automotive manufacturing and individual mobility. As a wholly-owned subsidiary of Volkswagen AG, its primary mission is to promote sales for the Group’s diverse brands—including Volkswagen, Audi, SEAT, ŠKODA, and Porsche—while fostering long-term customer loyalty. : Reached €3