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FX.co ★ Volkswagen Financial Services And Wells Fargo Partner For Vehicle Financing In U.S.

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typeContent_19130:::2024-09-17T04:14:00

Volkswagen Financial Services And Wells Fargo Partner For Vehicle Financing In U.S.

Volkswagen Financial Services and Wells Fargo (WFC) have announced a multi-year co-branded partnership, designating Wells Fargo as the preferred financing provider for Volkswagen, Audi, and Ducati vehicles in the U.S. This new arrangement will commence in April 2025 for Audi and VW dealerships and consumers, with Ducati following shortly thereafter. During this period, Volkswagen Financial Services will continue to handle existing customer contracts.

Following the transition, Volkswagen Financial Services will shift its focus to consumer leasing and usage-based products, including mobility solutions, aligning with Volkswagen Group's growth strategy in the U.S.

Under the agreement, Wells Fargo will offer a dedicated purchase experience for over 600 Volkswagen, 300 Audi, and 130 Ducati dealerships across the United States.

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