# Volkswagen’s financial services undergoing reorganization
Published: 2023-03-02
Category: Finance
Category URL: https://internationalreleases.com/category/finance/
Meta Title: Volkswagen reorganizes financial services holding companies
Meta Description: Volkswagen is streamlining Volkswagen Bank and Financial Services to enhance leasing growth in Germany and Europe. Learn more about the restructuring plan.
URL: https://internationalreleases.com/volkswagens-financial-services-undergoing-reorganization/

![undefined](https://prod.superblogcdn.com/site_cuid_cm5qsjkhn001iwirgrmrp8k0j/images/2023-03-01t192804z1lynxmpej201v8rtroptp4volkswagen-emissions-1737017951325-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.
---