Wells Fargo began financing VW vehicles in the US in 2025 and

DJ Wells Fargo played the role of financing VW vehicles in the US in 2025 and

By Connor Hart

NEW YORK (Dow Jones) — Wells Fargo Bank and the U.S. financial arm of the Volkswagen Group are moving in together. Wells Fargo has become the owner of a capital insurance for the repair of motorists in the United States, the companies share. In San Francisco, Wells Fargo Bank has established a Finanzierung for more than 600 Volkswagen dealers, 300 Audi dealers and 130 Ducati dealers. The partnership, which started in April 2025 for the Volkswagen and Audi brands, Ducati then followed a different time point. Volkswagen Financial Services US, the American financial service of the Wolfsberger companies, became a new best financing agreement. After the delivery of the American Volkswagen Financial Services to the Verbraucherleasing and the Bereitstellung of nutzungsbasierten products, einschließlich Mobilitätslösungen, konzentrieren.

“We will continue to pursue our global interests, a number of different things that we can do, that will provide some of our brands with the best positioning,” said Pablo Di Si, president and CEO of Volkswagen Group of America. “Remuneration for any of these partnerships in setting the market dynamic development, which can effectively stimulate the business of Volkswagen, Audi and Ducati and provide huge amounts of money for Volkswagen Financial Services in the U.S. market in the procurement.”

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(END) Dow Jones Newswires

September 16, 2024 2:07 PM ET (6:07 PM GMT)

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