- Wells Fargo will provide new U.S. consumer retail financing for vehicle purchase as a co-branded offering, with an estimated transition beginning in April 2025- VWFS continues to lead VWGoA financing solutions for brand and dealer relationships while prioritizing consumer leasing and delivering usage-based products, including mobility solutions
RESTON, Va. and SAN FRANCISCO, Sept. 16, 2024 /PRNewswire/ -- Volkswagen Financial Services (VWFS), the captive financial services arm of Volkswagen Group of America, and Wells Fargo (NYSE: WFC) today announced a multi-year co-branded agreement under which Wells Fargo will be the preferred purchase financing provider for the Volkswagen (VW), Audi, and Ducati brands in the U.S. market. This new relationship is intended to begin for Audi and VW dealers and consumers beginning in April 2025, with Ducati to follow. VWFS will continue to service existing customer contracts.
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