Volkswagen Financial Services AG is a business division of the Volkswagen AG group of companies and comprise Volkswagen Financial Services AG along with its associated companies 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, insurance business, fleet management and mobility offers. Volkswagen Financial Services AG has a total of 11,819 employees worldwide (as at: 31.12.2016). The Annual Report 2015 reported total assets for Volkswagen Financial Services AG of around EUR 173.1 billion.
In those markets in which Volkswagen Financial Services AG represented, the company finances or leases about every third vehicle from the Volkswagen Group on average. In their customer acquisition and support, the Volkswagen financial services providers work closely together with the extensive dealership organisations of the Volkswagen Group.