Tag Archives: Volkswagen Financial Services

Volkswagen Financial Services Concludes 2023 with Strong Results and Focus on Sustainability

(IN BRIEF) Volkswagen Financial Services has announced a successful conclusion to the 2023 financial year, marked by an operating profit of EUR 3.25 billion. Despite challenges such as negative valuation effects and a challenging interest rate environment, the company achieved … Read the full press release

Škoda Auto Demonstrates Dedication to Biodiversity Conservation with Global Sustainability Projects

(IN BRIEF) Škoda Auto demonstrates its commitment to biodiversity on the International Day for Biological Diversity by highlighting various initiatives and projects at its global production sites. These efforts include planting over 70,000 trees in 2023, conducting dendrological research and … Read the full press release

Volkswagen Financial Services diversifies portfolio with first auto ABS transaction in Sweden

(IN BRIEF) Volkswagen Financial Services has placed an auto ABS transaction in Swedish kronor, becoming the first company in the market to place an auto ABS transaction based on a securitized pool of leasing contracts. The transaction has a receivables … Read the full press release

Volkswagen Financial Services placed EUR 1.6 billion to securitise diversified pool of receivables from 125,000 leasing contracts

Volkswagen Financial Services successfully place around EUR 1.6 billion with investors Braunschweig, Germany, 19-Oct-2017 — /EuropaWire/ — Volkswagen Financial Services have successfully placed the Auto Asset-Backed Securities (ABS) transaction VCL 25 on the market. The transaction to securitise leasing contracts of … Read the full press release

Volkswagen Financial Services fully placed its RMB bond with Chinese investors

Bonds follow Auto ABS as a refinancing instrument in China Contract portfolio in China at a record level Braunschweig/Peking, 14-Jun-2016 — /EuropaWire/ — Volkswagen Financial Services have issued a bond in renminbi (RMB) for the first time and fully placed it … Read the full press release

Volkswagen Financial Services Chairman Lars Henner Santelmann: 2015 was both an eventful and an outstanding financial year

• Operating result: 1.9 billion euros (+12.9%) • Total assets: 157.9 billion euros (+14.9%) • Portfolio: 16.6 million contracts (+11.4%)  Braunschweig/Frankfurt am Main, 16-Mar-2016 — /EuropaWire/ — Volkswagen Financial Services have again grown substantially during the 2015 financial year. At this … Read the full press release