VGL Public Sector Quarterly Magazine VGL Public Sector Magazine #1 | Page 6

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Headlines

Volkswagen Financial Services becomes
one of Europe’s largest automotive
finance companies.
Volkswagen Financial Services UK has
just achieved a milestone £10 billion
lending portfolio, helping it to become
Europe’s largest automotive financial
services company. The company now
finances 6 out of 10 new car sales to
private consumers. However, it is also
a major lender to the fleet and business
market. In addition to growth in new car
finance Volkswagen Financial Services
has also seen its used car finance
increase by a third in the past four
years. This gives it just over a 19%
share of the automotive finance and

Volkswagen Group Leasing delivering great volume through
continued growth.

insurance market.

We have seen continued growth in the public sector through the Crown Commercial

Volkswagen Financial Services said:

Service Framework enabling us to be seen as a competitive and quality driven supplier

“

This has been an incredible achievement and a testament to the competitive nature
of the Crown Commercial Services Framework and our strong relationship with our
brands which were demonstrated in 2014 through strong Volkswagen Group deliveries.

Volkswagen Group Leasing launches a
new reporting tool allowing your account
manager to generate reports, helping you
to manage your fleet better.
Volkswagen Group Leasing &W