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VWoA is responsible for six marques: Audi, Bentley, Lamborghini, and Volkswagen, and in addition is the exclusive importer and distributor of Bugatti and Rimac cars in the U.S. [3] [4] It also controls VW Credit, Inc. (operating as Volkswagen Financial Services), [5] Volkswagen's financial services and credit operations. [6]
General Motors Financial Company, Inc. is the financial services arm of General Motors.The company is a global provider of auto finance, with operations in the United States, Latin America, Canada, Europe (which was sold to PSA Groupe and BNP Paribas following the sale of GM's core area businesses Opel and Vauxhall in a $2.2 billion deal), and China.
Volkswagen AG on Wednesday named a new head of its America group as the German automaker pushes to boost SUV sales amid weakening demand for cars. ... states and dealers and offered to buy back ...
Volkswagen’s CFO, Arno Antlitz, told investors in New York that the carmaker was now focused on increasing the number of cars each worker produced as a key measure of productivity, Reuters reported.
Volkswagen has an agreement with Art Finance LLC, the financial partner of the local Avilon dealer, which provides for the transfer of all local VW subsidiaries to the new investor. In March 2023, the Russian court froze all Volkswagen's assets in Russia at the suit of the local automaker GAZ.
Volkswagen is reportedly paying staff up to €450,000 to leave amid €10 billion cost-cutting drive
These included the Volkswagen Type 2 in 1950, the Volkswagen Karmann Ghia in 1955, the Volkswagen Type 3 in 1961, the Volkswagen Type 4 in 1968, and the Volkswagen Type 181 in 1969. In 1960, upon the flotation of part of the German federal government 's stake in the company on the German stock market, its name became Volkswagenwerk ...
In 2014 Isensee became the Vice President of Finance for Volkswagen Group China. [3] In 2019 he was named the executive vice-president for finance and IT for SEAT. [ 2 ] [ 5 ] [ 6 ] He was acting president of SEAT from January to October 2020.