
More than 70 years have passed since the first financial services from Volkswagen came about. Back then – in 1949 – the Volkswagen Group founded "Volkswagen Finanzierungsgesellschaft mbH", later named "V.A.G. Kredit Bank GmbH" and known today as "Volkswagen Bank GmbH". Even though classic automobile financing is still part of the core business of Volkswagen Financial Services, the range of other services provided has expanded massively over recent years and decades.
In addition to pure vehicle financing, today's business fields embrace leasing, direct banking, vehicle-related services such as maintenance contracts or tire services, insurance, fuel and charging solutions for both classic engine systems and for natural gas and electric vehicles, the truck and car rental business, digital parking services and payment solutions. The goal is to keep the customer mobile throughout the entire vehicle lifecycle – "The Key to Mobility" is not just a brand promise, but an elementary component of the corporate DNA of Volkswagen Financial Services.