Volkswagen Financial Services AG - Company Profile
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Volkswagen Financial Services AG (VW FS AG), a subsidiary of Volkswagen AG, offers automobile financial services. It promotes product sales of Volkswagen group brands including SEAT, Audi, SKODA, Ducati, MAN, Bentley, Lamborghini, Porsche, Bugatti, Navistar, Scania, and Volkswagen Commercial Vehicles. The group also offers leasing, vehicle financing, dealer financing, insurance, fleet management, and rental solutions ranging from passenger cars to heavy commercial vehicles. It serves private, corporate, and fleet customers. The company has a presence in Europe, North America, South America, and Asia-Pacific regions. VW FS AG is headquartered in Braunschweig, Niedersachsen, Germany.
Headquarters
Germany
Address
Gifhorner Strasse 57, Braunschweig, Niedersachsen, 38112
Website
www.vwfs.com
Telephone
49 531 2120
No of Employees
11,591
Industry
Financial Services
Revenue (2024)
$19.4B
Volkswagen Financial Services AG premium industry data and analytics
Products and Services
| Services |
|---|
| Direct Banking |
| Financing |
| Insurance |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In May, the company and Wells Fargo entered into an agreement to offer financing for Volkswagen and Audi vehicles in the US. |
| 2024 | Regulatory Approval | In October, the company received approval from China's National Financial Regulatory Administration to establish a joint venture with BNP. |
| 2024 | Stake Sale | In June, the company divested its stake in Fleet Logistics to TraXall International, a fleet & mobility management services company. |
Competitor Comparison
| Key Parameters | Volkswagen Financial Services AG | JPMorgan Chase & Co | Ford Motor Credit Company LLC | Daimler Financial Services AG | MERCEDES-BENZ CREDIT CORPORATION |
|---|---|---|---|---|---|
| Headquarters | Germany | United States of America | United States of America | Germany | United States of America |
| City | Braunschweig | New York | Dearborn | Stuttgart | Farmington |
| State/Province | Niedersachsen | New York | Michigan | Baden-Wurttemberg | - |
| No. of Employees | 11,591 | 320,079 | 5,000 | - | - |
| Entity Type | Private | Public | Private | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Anthony Bandmann | Chief Executive Officer | Senior Management | 2026 | - |
| Ingrun-Ulla Bartölke | Member-Management Board; Procurement Officer; Chief Financial Officer | Senior Management | 2024 | - |
| Arno Antlitz | Chairman | Executive Board | - | - |
| Christian Lobke | Head - Risk Management | Senior Management | 2025 | - |
| Alena Kretzberg | Member-Management Board; Head - Information Technology and Processes, Operations | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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