Volkswagen Financial revenue up despite origination drop | Auto Finance News | Auto Finance News

Volkswagen Financial revenue up despite origination drop

Volkswagen Financial Services reported a drop in originations in North America, even though “the region didn’t experience the effects of the COVID-19 pandemic until much later” than Europe, according to first-quarter earnings statements released yesterday. New consumer financing and lease contracts dropped to 1.9 million, a decrease of 1.4% compared with the prior quarter. Still, total […]

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