Volkswagen Group's financial-services arm expects to reach an earnings target four years early thanks to surging demand for used cars. The division will generate an operating profit of 4 billion euros ...
WASHINGTON (Reuters) -Volkswagen Group of America's wholly owned finance unit has agreed to pay $48.75 million to resolve a government lawsuit that accused the German automaker and its former CEO of ...
Volkswagen Group is separated into an Automotive and a Financial Services division. Financial Services are highly profitable and responsible for one quarter of the operating profit. Profit margins are ...
BERLIN -- Volkswagen Financial Services expects record annual revenue boosted by a strong fourth quarter, it said on Wednesday, amid high used car demand, comparatively low risk provisions for car ...
VW Group acknowledges EV sales haven't taken off as expected The conglomerate believes EVs are still the future Current realities mean VW Group will continue to budget a third of its R&D funding to ...
MONTREAL--(BUSINESS WIRE)--Audi Finance and Volkswagen Finance, the automotive captive finance company of the Audi, Ducati and Volkswagen brands in Canada and Lexop, a self-serve facilitation software ...
Volkswagen on Wednesday reported better-than-expected net cash flow in 2025 of 6 billion euros ($7 billion), despite Europe's largest carmaker struggling with weak China sales, U.S. tariff worries and ...