Volkswagen Group's financial-services arm expects to reach an earnings target four years early thanks to surging demand for used cars. The division will generate an operating profit of 4 billion euros ...

Volkswagen on Wednesday reported better-than-expected net cash flow in 2025 of 6 billion euros ($7 billion), despite Europe's largest carmaker struggling with weak China sales, U.S. tariff worries and ...

In an internal newsletter sent last week, Chief Financial Officer Frank Witter prodded managers to get behind a goal to reach a valuation of $221 billion, arguing that a higher stock price will help ...

Volkswagen Group is separated into an Automotive and a Financial Services division. Financial Services are highly profitable and responsible for one quarter of the operating profit. Profit margins are ...

BERLIN -- Volkswagen Financial Services expects record annual revenue boosted by a strong fourth quarter, it said on Wednesday, amid high used car demand, comparatively low risk provisions for car ...

WASHINGTON (Reuters) -Volkswagen Group of America's wholly owned finance unit has agreed to pay $48.75 million to resolve a government lawsuit that accused the German automaker and its former CEO of ...

VW Group acknowledges EV sales haven't taken off as expected The conglomerate believes EVs are still the future Current realities mean VW Group will continue to budget a third of its R&D funding to ...

MONTREAL--(BUSINESS WIRE)--Audi Finance and Volkswagen Finance, the automotive captive finance company of the Audi, Ducati and Volkswagen brands in Canada and Lexop, a self-serve facilitation software ...

NEW DELHI (Reuters) - The auto financing arms of Volkswagen AG and Ford Motor Co plan to stop giving new credit to car buyers and dealers in India and will exit from the country, sources aware of the ...