Through its new subsidiary Volkswagen Versicherung AG, Volkswagen Financial Services AG offers guarantee insurance as a primary (direct) insurer for the first time in Germany.
Volkswagen Finance Private Limited in India is granted a financial services licence from the Indian Central Bank.
Volkswagen Financial Services AG offers financial services in the Baltic States Lithuania, Latvia and Estonia together with the Nordea Finance companies in the Baltic and the importer Auto Group Baltic. In July, Volkswagen Financial Services AG founds "Volkswagen Financial Services Korea Co., Ltd." in South Korea. Volkswagen Bank RUS, a subsidiary of Volkswagen Financial Services AG, is granted a banking licence from the Russian Central Bank.
The environment award "Die Grüne Flotte" ("The Green Fleet") is awarded for the first time by Volkswagen Leasing GmbH and Naturschutzbund Deutschland e.V. (German Nature Conservation Association) for ecologically responsible fleet management.
Volkswagen Financial Services AG founds a subsidiary in India, Volkswagen Finance Pvt. Ltd., and offers financing within the framework of cooperations with local banks. Together with the Norwegian importer MøllerGruppen, VW FS AG offers financial services on the Norwegian market for the first time as part of a joint venture.
Volkswagen Leasing GmbH introduces the first supra-regional natural gas fuel card for corporate customers.
VW FS AG offers mobility packages for used Volkswagens for the first time; they combine financing or leasing contracts with the "Best Service" packet (servicing, oil change, and original VW parts). Volkswagen Financial Services AG opens the company kindergarten "Frech Daxe" for its employees' children.
The "Sauber + Sorglos" ("Clean + Carefree") package comprises inexpensive financing and leasing offers with insurance services.
Volkswagen AG hands over coordination of the Group's worldwide financial services to VWFS.
With its takeover of the majority shareholding in "LeasePlan Corporation N.V.", VWFS takes a decisive step forward in multi-brand fleet management in Europe.
With the foundation of "Volkswagen Group Finanz OOO" in Moscow, the Volkswagen financial service providers become active on the Russian market.
The new "BörseDirect" ("StockMarketDirect") service gives "Volkswagen Bank direct" customers direct access to share dealing and the securities markets.
"Volkswagen Bank direct" introduces its online current account Giro@home and "WAP-Banking", which enables transactions to be conducted via mobile (cell) phone.
VWFS takes over "Volkswagen-Versicherungsdienst GmbH" and expands its business to include the sale of motor vehicle insurance.
In the form of "Prämie-Light", the Volkswagen financial service providers launch the first product on the market that combines insurance and leasing.
"Volkswagen Bank GmbH" introduces "AutoCredit", which relieves the customer of the risk associated with a used vehicle at the end of the contract term.
Foundation of "Volkswagen Financial Services AG" (VWFS), which manages the financial service business in Europe for the Volkswagen Group.
As part of the restructuring of financial services, the companies "V.A.G Bank GmbH" and "V.A.G Leasing GmbH" are transferred from Volkswagen AG to the holding company "Volkswagen Finanz GmbH".
"V.A.G Kredit Bank GmbH" and "V.A.G Leasing GmbH" move from Wolfsburg into the administration buildings of the former Olympia Werke AG in Braunschweig.
Volkswagenwerk AG founds the first German automotive leasing company with the registration of "Volkswagen Leasing GmbH".
Foundation of "Volkswagen Finanzierungsgesellschaft mbH" with the goal of promoting the sale of Beetles and Transporters through the "granting of loans".