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VW To Exit US Financing Game, Partners With Wells Fargo Instead
The VW Group is transitioning away from its own private financing branch for customers. Now, it’ll partner with Wells Fargo to provide that service to its customers at its dealerships. The shift in financing strategy comes amid a slump in VW’s financial performance.
Volkswagen dropping in-house U.S. auto loans, giving business to Wells Fargo
Volkswagen will cease to write U.S. Audi and VW auto loans through its in-house captive finance company and instead refer that business to Wells Fargo starting in April. It will also start to refer U.
Volkswagen Financial Services U.S. and Wells Fargo Enter Cooperation Agreement
Volkswagen Financial Services and Wells Fargo entered a multi-year co-branded agreement under which Wells Fargo will be the preferred purchase financing provider for the Volkswagen, Audi and Ducati brands in the U.
Volkswagen Financial Services And Wells Fargo Partner For Vehicle Financing In U.S.
Volkswagen Financial Services and Wells Fargo (WFC) announced a multi-year co-branded agreement under which Wells Fargo will be the
Automotive News
22h
Top 5 stories of the week: VW drops in-house loans; UAW pressures Stellantis
Those are two of the top five stories of the week as determined by Automotive News reader interest. Volkswagen will no longer ...
1d
This Week in Finance News: 10 Stories You Need to See
With thousands of press releases published each week, it can be difficult to keep up with everything on. To help finance ...
1d
on MSN
Wells Fargo announces another round of layoffs in October and November in West Des Moines
A notice Wells Fargo filed with the state says more layoffs are planned at its Jordan Creek campus in West Des Moines.
2d
Wells Fargo Fails to Shake $38 Million Judgment Over Stock Sale
Occidental Petroleum convinced the Fifth Circuit to uphold a $38 million judgment against Wells Fargo & Co. over the bank’s ...
1d
on MSN
Auto parts sector faces recession headwinds, but some will do better than others - analyst
The defensive nature of the auto parts segment should translate across most stocks in the sector, but with differentiating ...
7d
Wells Fargo's latest regulatory rebuke may prolong asset cap punishment, analysts say
Wells Fargo's latest regulatory rebuke for insufficient efforts to combat money laundering will probably prolong another ...
3d
Wells Fargo Launches Specialized API Capabilities For Commercial Banking Clients
Wells Fargo & Co. (WFC) announced Tuesday the launch of specialized Application Programming Interfaces (APIs) tailored for its ...
autofinancenews
2d
VW Credit to stop originating US auto loans
Volkswagen Financial Services will no longer originate retail loans in the United States starting in April 2025; Wells Fargo ...
4d
Volkswagen's Audi looks for investor for Brussels plant
Volkswagen's Audi is looking for an investor for its struggling Brussels plant, the premium brand's production director Gerd ...
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