Press Releases

Latest press releases

July 1, 2024

Volkswagen
Financial Services AG

Volkswagen Financial Services AG and Volkswagen Bank GmbH successfully complete corporate restructuring – Financing and leasing business in Europe merged again

MaY 6, 2024

Volkswagen
Group Mobility

Volkswagen Financial Services report solid first quarter of 2024

MARCH 15, 2024

Volkswagen
Group Mobility

Volkswagen Financial Services have concluded the 2023 financial year with another good result

All press releases

Overview
July 1, 2024 Volkswagen Financial Services AG and Volkswagen Bank GmbH successfully complete corporate restructuring – Financing and leasing business in Europe merged again
May 6, 2024 Volkswagen Financial Services report solid first quarter of 2024
March 15, 2024 Volkswagen Financial Services report good result for 2023
February 23, 2024 Arne Puls becomes Chief Representative of Volkswagen Financial Services AG, Dr. Alexandra Baum-Ceisig moves to the Board of Management of Volkswagen Group Services GmbH
February 23, 2024 15 years for climate and nature conservation: Volkswagen Financial Services celebrate this anniversary with NABU and invest EUR 1.4 million in major Finnish peatland conservation project
February 2, 2024 Top rating: Volkswagen Financial Services AG receives first corporate rating from Fitch
January 9, 2024 Volkswagen Leasing GmbH successfully issues second Green Bond in the capital market
January 4, 2024 Fleet.Electrified: 1,000 Volkswagen ID.4 for Siemens fleet

Overview
December 28, 2023 Sponsorship program for young sporting talents reloaded: Here are those selected
November 15, 2023 Volkswagen electrifies the Vatican's vehicle fleet
November 9, 2023 Electrifying: German Nature and Biodiversity Conservation Union (NABU) receives two ID. Buzz1 minivans from Volkswagen Financial Services (VW FS) and Volkswagen Commercial Vehicles (VWCV)
November 2, 2023 Volkswagen Financial Services report solid third quarter 2023 amidst challenging environment
October 10, 2023 Successful sponsorship program for young sporting talents from Lower Saxony enters second round
September 27, 2023 Volkswagen Financial Services (VW FS) start bike leasing for employees on 4 December
September 27, 2023 River Aller renaturation: First sub-project completed with support from Volkswagen Financial Services (VW FS)
September 25, 2023 Volkswagen Bank raises interest rate substantially – 3.8 percent now paid on overnight money
September 18, 2023 First Green Bond transaction by Volkswagen Leasing GmbH successful
September 5, 2023 Bike leasing in Europe and the USA: Volkswagen Financial Services and Pon Holdings form strategic alliance
August 31, 2023 Volkswagen Financial Services: First "Green Finance Framework" expands strategic refinancing options and opens up new investor base
August 3, 2023: Outlook confirmed: Volkswagen Financial Services report good first half of 2023
July 14, 2023: Strong signal: Volkswagen Financial Services remain main sponsor of the Lions
July 11, 2023: Volkswagen Financial Services and AMAG Leasing form fleet joint venture in Switzerland
July 6, 2023: City of Braunschweig and Volkswagen Financial Services sign cooperation agreement for Smart Green City
July 6, 2023: Volkswagen Financial Services: Expansion of charging infrastructure progressing rapidly
June 1, 2023: Getting mobile faster and more conveniently: Volkswagen Financial Services and Sopra Steria establish digital vehicle registration platform MyDigitalCar
May 15, 2023: Volkswagen Financial Services off to good start in first quarter
May 10, 2023: Volkswagen Financial Services AG in top ten of the Sustainalytics global ESG rating
April 19, 2023: New head of Volkswagen Bank: Dr. Volker Stadler succeeds Dr. Michael Reinhart
March 27, 2023: New market standard: Volkswagen Financial Services issue first ABS transaction for leased vehicles in Sweden
March 21, 2023: Volkswagen Financial Services close financial year 2022 with very good result
March 8, 2023: Formation of new "Volkswagen Financial Services Data Analytics Research Center" (VWFS DARC) – University of Hildesheim and Volkswagen Financial Services sign cooperation agreement
February 7, 2023: Volkswagen Financial Services are sponsoring 27 young athletes and teams from Lower Saxony
January 10, 2023: Change of leadership: Andreas Gruber is the new CEO of the heycar Group

Overview
December 14, 2022: New Management Board Member for IT at Volkswagen Financial Services: Dr. Alena Kretzberg succeeds Dr. Mario Daberkow
December 5, 2022: Volkswagen Financial Services are now main sponsor for Basketball Löwen Braunschweig
November 2, 2022: Volkswagen Financial Services record another strong result in third quarter of 2022
October 14, 2022: Volkswagen Financial Services increase commitment to Braunschweig International Film Festival
October 13, 2022: 20 years of the ARTMOBILE: Volkswagen Financial Services expand their cooperation with the Kunstmuseum Wolfsburg
October 12, 2022: Volkswagen Financial Services sponsor young sporting talent: Annual funding of up to 1 million euros
October 4, 2022: For car repairs & accessories – new kind of instant loan from Volkswagen Bank for private customers at the dealership
September 28, 2022: Digital vehicle registration for companies: Volkswagen Financial Services and City of Braunschweig successfully complete unique nationwide project
September 22, 2022: Dr. Mario Daberkow will leave the Management Board of Volkswagen Financial Services AG on 1 July 2023
August 31, 2022: Still exclusive partner: Volkswagen Financial Services increase their sponsorship of Eintracht Braunschweig
August 18, 2022: All charged up: Volkswagen Bank offers corporate customers new financing solution for their charging infrastructure
August 8, 2022: First half-year 2022: Volkswagen Financial Services achieve record earnings and raise forecast
July 5, 2022: Volkswagen’s future Mobility Solutions materialize with closing of Europcar transaction
July 1, 2022: New head of Volkswagen Leasing GmbH: Armin Villinger succeeds Jens Legenbauer
June 30, 2022: Volkswagen Financial Services launch Europe-wide electromobility program "Electrification-as-a-Service" for fleet customers
May 10, 2022: Volkswagen Financial Services report strong first quarter of 2022 – result continues to be impacted by special effects
May 9, 2022: One million euros to promote young sporting talents – Volkswagen Financial Services launch new approach to sports sponsoring
March 23, 2022: Volkswagen Financial Services double previous-year result in 2021 and confirm sustainable earnings level of four billion euros over the next few year
February 24, 2022: Volkswagen Financial Services successfully place ABS transaction securitizing lease receivable
January 25, 2022: Volkswagen Financial Services successfully issue bonds totaling two billion euros
January 20, 2022: Volkswagen Financial Services establish joint venture with BNP Paribas Cardif subsidiary to strengthen European fleet business
January 13, 2022: Environmental commitment of Volkswagen Financial Services is having an impact: River Aller renaturation in the District of Verden can start

Overview
December 8, 2021: Volkswagen Financial Services expect record result – Earnings momentum in 2021 continues
November 2, 2021: Volkswagen Financial Services continue their successful course in the third quarter of 2021
October 21, 2021: Volkswagen Financial Services successfully market auto ABS
October 8, 2021: Volkswagen Financial Services establish new joint venture in Brazil with fleet provider LM FROTAS
September 1, 2021: Volkswagen Financial Services become the development center for car subscription rentals in the Volkswagen Group
August 4, 2021: Volkswagen Financial Services double their operating profit in the first half of 2021 – Earnings forecast for 2021 raised to EUR 4 billion
August 2, 2021: New online service "Vender" for the purchase and sale of used cars between private individuals
July 1, 2021: Anthony Bandmann appointed new Chief Sales Officer of Volkswagen Financial Services
May 12, 2021: Volkswagen Financial Services issue various bonds totaling around 4.8 billion euros
May 10, 2021: Volkswagen Financial Services grow in first quarter of 2021
May 7, 2021: Volkswagen Financial Services are Germany's Best Employer
May 3, 2021: Volkswagen Financial Services start up business in Denmark
April 29, 2021: Volkswagen Financial Services now offer digital business travel management to their commercial customers
March 30, 2021: Volkswagen Financial Services issue bonds worth 550 million Australian dollars
March 25, 2021: Volkswagen Financial Services were very successful in 2020 and target operating profit of around four billion euros in 2025
February 25, 2021: Volkswagen Financial Services place first auto ABS in 2021
February 18, 2021: Volkswagen Financial Services enter the business of leasing and financing bikes
February 1, 2021: Volkswagen Financial Services develop FleetCARSdriver app for company car drivers
January 19, 2021: Volkswagen Financial Services expand Auto Abo to include ID.3
January 6, 2021: Volkswagen Financial Services issue bonds totaling EUR 2.5 billion

Overview
December 14, 2020: Volkswagen Financial Services are weathering the crisis well
December 3, 2020: Online used-car platform heycar expands to Spain
November 11, 2020: Volkswagen Financial Services carry out their largest ABS transaction in China to date
November 3, 2020: Volkswagen Financial Services report robust contract portfolio after three quarters
October 30, 2020: Volkswagen Leasing expands management board – Frank-Michael Czarnetzki responsible in future for Truck & Bus business
October 22, 2020: Volkswagen Financial Services support NABU in the renaturation of the river Aller
October 1, 2020: Management changes at Volkswagen Bank: Harald Heßke leaves the management board for Spain, Oliver Roes moves up as Chief Representative
September 21, 2020: Auto-Abo car subscription from Volkswagen Financial Services launched across Germany
August 20, 2020: Gerhard Künne becomes new CEO of EURO-Leasing GmbH / MAN Financial Services Rental
August 12, 2020: Volkswagen Financial Services report stable contract portfolio
July 21, 2020: Starting up in the electric age: Volkswagen Financial Services offer "Lease&Care" package solution for the ID.3
July 17, 2020: E-mobility and climate protection: Renaturation of Sulinger Moor picks up speed
June 16, 2020: Volkswagen Financial Services acquire Hamburg-based business travel start-up Voya
June 10, 2020: Car buying made easy: Digital signature in the car dealership
May 26, 2020: Management changes at Volkswagen Leasing GmbH
May 11, 2020: Volkswagen Financial Services set comprehensive sales program in motion together with the Group brands
May 4, 2020: Volkswagen Financial Services grow in first quarter of 2020
April 8, 2020: Standing together in difficult times: Volkswagen Financial Services donate EUR 50,000 to the Protestant Foundation Neuerkerode
March 30, 2020: Volkswagen Financial Services issues bonds with a volume of 2.15 billion euros
March 23, 2020: Volkswagen Financial Services close 2019 with new records
March 12, 2020: Volkswagen Financial Services issue ABS in renminbi
February 28, 2020: Volkswagen Financial Services secure Volkswagen AG as new investor for the used car platform heycar
February 27, 2020: Volkswagen Financial Services issue Auto ABS with a volume of one billion euros
January 24, 2020: Volkswagen Financial Services issue Spanish Auto ABS

Overview
December 5, 2019: Volkswagen Financial Services figures significantly up in 2019
November 26, 2019: Volkswagen Financial Services set up their own hub
November 14, 2019: Volkswagen Financial Services issue their largest ABS in renminbi to date
November 13, 2019: Volkswagen Bank acquires a 20 percent stake in the Austrian fintech company Credi2 GmbH
November 4, 2019: Volkswagen Financial Services post new record figures after first three quarters
October 23, 2019: Volkswagen Financial Services place auto ABS worth one billion euros
October 7, 2019: Volkswagen Financial Services place Auto-ABS worth one billion Australian dollars
September 12, 2019: Volkswagen Financial Services and NABU, the German Nature and Biodiversity Conservation Union, launch e-mobility program for fleet customers
August 14, 2019: heycar expands into the United Kingdom
August 8, 2019: Volkswagen Financial Services post strong result for the first half of 2019
July 9, 2019: Volkswagen Financial Services Issue Auto ABS and Bonds
June 13, 2019: Volkswagen Leasing GmbH issues bonds worth 1.75 billion euros
May 23, 2019: "Our Children in Braunschweig" foundation hands over 50 bicycles for pupils at the Bebelhof and Altmühlstraße primary schools
May 22, 2019: Career and Vocational Information Day at Volkswagen Financial Services
May 16, 2019: Volkswagen Financial Services aim for market leadership in smart parking: travipay changes its name to PayByPhone in Germany
May 7, 2019: Volkswagen Financial Services continues to grow in first quarter of 2019
April 25, 2019: Classics in the Park – Braunschweig's popular festival of classical music celebrates ten successful years!
March 26, 2019: Volkswagen Financial Services issues bonds with a volume of 2.75 billion euros
March 22, 2019: Volkswagen Financial Services successfully placed auto ABS in Euro
March 18, 2019: Volkswagen Financial Services achieve yet another record result in 2018 and set their course for the future
March 6, 2019: Volkswagen Financial Services to bundle their rental business in EURO-Leasing GmbH in Sittensen
March 5, 2019: Jens Legenbauer succeeds Anthony Bandmann as Chairman of the Management Board of Volkswagen Leasing GmbH
March 4, 2019: Closer to the customer: Volkswagen Financial Services reorganise their sales to fleet customers
February 27, 2019: Volkswagen Financial Services purchase LogPay Financial Services GmbH and continue to expand their mobility business
February 25, 2019: More muscle for truck parking: Volkswagen Financial Services acquire majority stake in PTV Truckparking B.V.
February 20, 2019: Volkswagen Financial Services securitises Japanese car loans and issues bonds
February 8, 2019: Volkswagen Financial Services acquire 60 percent stake in Europe's largest fleet management company FleetLogistics
January 25, 2019: Volkswagen Bank places bonds worth 2.5 billion euros

Overview
November 5, 2018: Total assets of Volkswagen Financial Services exceed the EUR 200 billion mark for the first
October 17, 2018: Volkswagen Financial Services successfully placed leasing receivables
October 10, 2018: Volkswagen Financial Services issues bonds worth 2.6 billion euros
September 24, 2018: Volkswagen Financial Services expand their international fleet service in the USA
September 13, 2018: Volkswagen Financial Services bring Daimler on board as new investor for their premium used-car platform heycar
August 29, 2018: Volkswagen Bank places Auto-ABS with a volume of more than 750 million euros
August 9, 2018: Volkswagen Financial Services with a successful capital market start into the second half of the year
August 9, 2018: The trucker's perfect co-driver: the MAN Card Mobility App from Volkswagen Financial Services
August 7, 2018: Volkswagen Financial Services record successful first half-year
August 6, 2018: LogPay Transport Services agrees fuel card acceptance deal with BP/Aral
June 5, 2018: Volkswagen Bank places bonds worth two billion euros
June 4, 2018: No more smartphone use when driving – CarMobility increases driver safety with SafeDrivePod
May 8, 2018: "Bring on the water!" and "Drive carefully!" – "Our Children in Braunschweig" foundation donates EUR 23,000
May 7, 2018: Volkswagen Financial Services start 2018 with good first quarter
April 23, 2018: Volkswagen Bank GmbH has securitised Italian auto loans for the first time
April 17, 2018: Volkswagen Financial Services invest in software company
April 17, 2018: Ten years "Frech Daxe" Children's House – Ten years company kindergarten at Volkswagen Financial Services
April 6, 2018: Volkswagen Financial Services place Auto ABS in Australian dollars (AUD)
April 6, 2018: Volkswagen Financial Services place bonds worth 2.25 billion euros
March 19, 2018: Volkswagen Financial Services achieve record result again in 2017
March 15, 2018: Volkswagen Financial Services placed Auto ABS in Euro
March 4, 2018: Hey, look out! The new used-car platform "heycar" goes on the advertising offensive
February 23, 2018: Big Data = Big Cooperation: University of Hildesheim and Volkswagen Financial Services (VWFS) agree on cooperation
February 14, 2018: Volkswagen Bank successfully markets Asset-Backed Securities
February 8, 2018: Focus Business ranking: Volkswagen Financial Services among Germany's top employers in 2018

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Financial Services AG

Volkswagen
Group Mobility

Volkswagen
Group Mobility

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