2006 news

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JJB opt for commercial vehicle offering from Volkswagen Group Leasing

Fleet customers say they like the competitive and flexible contract hire and leasing rates; the outstanding quality of the vehicles from the various marquees that make up the Volkswagen Group; and the high levels of customer service backed by first-rate customer support through the Volkswagen Group retailer networks.

Volkswagen Financial Services aims for product diversity

Volkswagen Financial Services is seeking to provide a diversity of finance and insurance products to give retailers across the whole of the Volkswagen Group as many income opportunities as possible.

Wide range of products from Volkswagen Financial Services

Volkswagen Financial Services (UK) Limited (VWFS) and its leasing arm, Volkswagen Group Leasing (VGL), is continually looking to provide as broad a range of profitable products and services for Volkswagen Group retailers as possible.

VWFS team in cancer charity fundraising bid

Four members of staff from Volkswagen Financial Services are taking part in the Aviva Weekend to Breakthrough Breast Cancer in a bid to raise £10,000 for the breast cancer research charity.

Secure One selects Volkswagen Group Leasing for commercial fleet

Midlands-based security systems specialist Secure One has selected Volkswagen Group Leasing to supply, fund and maintain its fleet of commercial vehicles because of the quality of Volkswagen commercial vehicles and the dedicated van centre network.

Customers are always right

Volkswagen Group Leasing operates from offices in Milton Keynes and works closely with Volkswagen Group brands and retailer networks. This ensures that its' customers benefit from the latest product knowledge and developments as well as the skills and expertise of staff in the retailer networks.

Volkswagen Driver interview

Paul Harris interviews Graham Wheeler, the managing director of Volkswagen Financial Services (UK) Limited and head of the Volkswagen Bank in Britain.

Westronics switches to Volkswagen Group Leasing

Reading-based security and fire systems specialist, Westronics, has switched its fleet of 50 vehicles to Volkswagen under a new contract hire package supplied by Volkswagen Group Leasing.

Volkswagen Group Leasing commended for professional service

Another corporate customer which found the Volkswagen Group Leasing offering too compelling to resist was a healthcare charity, Sue Ryder Care, which has now replaced its existing fleet of disparate vehicles with 25 Volkswagen LT 35 commercial vehicles, plus up to 10 Caddy vans.

Sue Ryder Care opts for Volkswagen Group Leasing

Leading healthcare charity Sue Ryder Care has appointed Volkswagen Group Leasing to supply, fund and maintain its fleet of commercial vehicles, which it uses to collect donated goods to sell in its chain of retail shops.

VWFS seeks to improve dealer profitability

Volkswagen Financial Services (UK) Limited (VWFS) is continually looking for ways to help Volkswagen Group retailers improve their income at a time when the latest franchise surveys show falling returns for many dealerships in the UK.

Experian to provide extra services

Volkswagen Financial Services (VWFS) has chosen Experian, the global information solutions company, to provide an extensive range of services, including credit referencing, application processing, consumer credit scoring, fraud prevention and automotive solutions.

VWFS AG still growing strongly

Volkswagen Financial Services AG reports positive business results for the year 2005. Although the total assets were down 3.8 percent to 39.8 billion euros, the reduction was chiefly due to the impact of special items in the previous year. This primarily involved the reserve liquidity maintained for the purchase of LeasePlan Corporation N.V.

VW Leasing plots aggresive expansion

Volkswagen Group Leasing (VGL), the contract hire and leasing arm of VW Financial Services, is planning to double the size of its contract hire fleet within the next two years. VGL currently has 9000 contract hire hire assets and wants the volume to be 20,000 by 2008. If the strategy is successful, it would make VGL large than the Toomey Group and similar in size to Renault Fiancial Services and Peugeot Contract Hire.

Volkswagen Financial Services AG coordinates worldwide operations

Volkswagen Financial Services AG is taking over the responsibility for coordinating the worldwide financial services activities of the Volkswagen Group. The wholly owned subsidiary of Volkswagen Group currently manages the activities in Europe and in the Asia-Pacific region.

Volkswagen Bank and Audi Bank hold 1st place in FINANZtest comparison

In the current comparison of financing options carried out by the consumer magazine FINANZtest, Volkswagen Bank and Audi Bank occupy first place. Customers are said to receive the most attractive financing offers for the Volkswagen and Audi car models tested from the Volkswagen Group's own financial service providers. The conclusion from the consumer advisors: "Three-option financing and classic financing often beat cash purchases."

Football club tackles fleet funding method

Manchester United Football Club has revamped its fleet operation and switched from outright purchase to contract hire.

It operates a fleet of about 55 cars as well as a small number of commercial vehicles and has awarded a contract to Volkswagen Group Leasing.

A strategic step forward

On 10th October 2005, Europcar Fleet Services changed its name to Volkswagen Group Leasing, in a move designed to demonstrate the specialist skills and expertise of the organisation in delivering solutions to business users of Volkswagen Group vehicles

VW Leasing re-brand trigger for expansion

In October 2005 Europcar Fleet Services re-branded as Volkswagen Group Leasing (VGL). The company will remain the leasing arm of Volkswagen Financial Services (UK) ltd (VWFS) offering contract hire, leasing and other fleet services for all makes of vehicles.