# Volkswagen’s financial services undergoing reorganization
Published: 2023-03-02
Category: Finance
Category URL: https://wealthtribune.com/category/finance/
Meta Title: Volkswagen reorganizes financial services to boost leasing business in Germany
Meta Description: Volkswagen Bank and Volkswagen Financial Services are merging to strengthen refinancing and leasing business in Europe. Learn more here.
URL: https://wealthtribune.com/volkswagens-financial-services-undergoing-reorganization/

![undefined](https://prod.superblogcdn.com/site_cuid_cm5qso2qu002awirgzorggbnl/images/2023-03-01t192804z1lynxmpej201v8rtroptp4volkswagen-emissions-1737037334754-compressed.jpg)

FRANKFURT (Reuters) – Volkswagen is reorganizing its financial services holding companies, Volkswagen Bank and Volkswagen Financial Services said on Wednesday.

“By bundling its activities in a European financial services provider, the refinancing strength of Volkswagen Bank GmbH can best be used for the growth of the leasing business in Germany and Europe,” they said.

(Reporting by Tom Sims and Alexander Huebner; Editing by Chris Reese)


---
This blog is powered by Superblog. Visit https://superblog.ai to know more.
---