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Volkswagen Financial introduces electric vehicle comparison tool

Volkswagen Financial Services has launched a digital tool for drivers to assess whether electric vehicles meet their mobility needs.  The idea behind the tool, called EV-4-Me?, is to eliminate confusion around what type of driver is suitable for ultra-low emission vehicles. "Ultimately, facts and evidence should drive the right decisions, and where potential myths overcharging […]

Volkswagen debuts car-sharing service with all-electric fleet

Volkswagen has rolled out its take on car-sharing services with the launch of WeShare this week. The service is available in Berlin with a full-electric fleet of 1,500 e-Golf-vehicles hitting the road.  By 2020, the OEM will add 500 of its e-Up! electric vehicles (EVs) and expand the program to Hamburg, Germany, and Prague, the […]

Sparking Connections: How Tech Alliances Are Firing Up Lenders

Slowing vehicle sales and the potential for a market downturn have lit a spark among lenders, technology companies, and OEMs, igniting partnerships aimed at gaining marketshare and creating solutions attainable only by way of collaboration. In January, Ford Motor Co. and Volkswagen AG established an alliance that will likely spur the OEMs’ captives to collaborate […]

Dealer Simplifies Financing Experience Through JoyDrive

The Harnish Auto Family in Seattle — with four dealerships in its group — was feeling the pressure to offer a better online experience like many peers in the space. “It’s something that nearly every new-car dealership has had pressure to start,” Shannon Harnish-Cook, president of the dealer group told Auto Finance News. “[You receive […]

Earnings Roundup: Ally, Daimler, VW See Growth in 1Q

Ally, Daimler AG, and Volkswagen AG all saw originations climb in the first quarter, in addition to an increased focus on financing in China for Daimler and VW. Ally Financial Ally originated $9.5 billion in the quarter, a 7% year over year increase and took in record-high used volume of $4.8 billion, which reflects the banks’ […]

Ducati Grows U.S. Sales in 2017 Amid New Lease-Like Program

Volkswagen Group’s powersports subsidiary Ducati North America grew U.S. sales by 1.3% year over year in 2017, likely spurred — in part — by the OEM’s new lease-like offering. Last March, Ducati Financial Services introduced a finance product called Ducati Premier Financing that lowers monthly payments by an average of  $80, and allows consumers to essentially […]
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