Press Release

Volkswagen Financial Services and Pon acquire further stake in Collect Car B.V.

Almere/Netherlands, Braunschweig/Germany, 1 December 2014. The two companies Volkswagen Financial Services AG and Pon Holdings B.V. will be increasing their joint stake in Collect Car B.V., the leading carsharing company in the Netherlands better known by its trademark Greenwheels, at the beginning of 2015. With immediate effect, Andrew Berkhout and Alexander Hinz will take on management responsibility in the company.

Collect Car B.V. possesses a carsharing fleet of around 2,000 vehicles, including around 1,700 based at fixed stations throughout the Netherlands. The company is the market leader in the Netherlands and serves private as well as commercial and institutional customers. In Germany, the company operates around 300 vehicles in around 25 cities and metropolitan areas.

Information for editors

Volkswagen Financial Services are a business division of the Volkswagen AG group of companies and comprise Volkswagen Financial Services AG along with its subsidiaries and the financial service companies in the US, Canada, Argentina and Spain that belong directly or indirectly to Volkswagen AG – with the exception of the financial services of the Scania and Porsche brands and Porsche Holding Salzburg. The key business fields embrace dealer and customer financing, leasing, the bank and insurance business, fleet management and mobility offers. Volkswagen Financial Services have a total of 10,945 employees worldwide – including 5,389 alone in Germany (as at: 31.12.2013). The Annual Report 2013 of Volkswagen AG reported total assets for Volkswagen Financial Services of around EUR 115.1 billion and an operating result of EUR 1.6 billion.

Pon is one of the largest family-run businesses in the Netherlands. As an international trading and service company Pon is engaged in a wide range of activities. Pon employs almost 13,000 people at over 250 branches across 28 countries. Pon constantly strives to achieve the highest possible added value in the relationship between customer and manufacturer. This is based on high-quality products supplied by leading manufacturers, including Volkswagen, Caterpillar, MAN, Gazelle and Continental. Pon also offers complementary services such as maintenance, repair, leasing, rental and insurance.

Contact for press inquiries:

Volkswagen Financial Services AG
Marc Siedler (Press Officer)
Phone: + 49 (0)531 / 212-87675

Malte Krause (Press Officer)
Phone: +49 (0)531/2 12-5574

Jacques Geijsen (Press Officer)
Phone: +31 33 494 9987