Volkswagen Group's financial-services arm expects to reach an earnings target four years early thanks to surging demand for used cars. The division will generate an operating profit of 4 billion euros ...

Volkswagen Group is separated into an Automotive and a Financial Services division. Financial Services are highly profitable and responsible for one quarter of the operating profit. Profit margins are ...

BERLIN -- Volkswagen Financial Services expects record annual revenue boosted by a strong fourth quarter, it said on Wednesday, amid high used car demand, comparatively low risk provisions for car ...

VW Group acknowledges EV sales haven't taken off as expected The conglomerate believes EVs are still the future Current realities mean VW Group will continue to budget a third of its R&D funding to ...

Volkswagen’s car finance arm has been fined £5.4 million by the UK’s financial watchdog for failures that included taking cars away from vulnerable people. The motor finance firm, Volkswagen Finance, ...