Automobile financial services are mainly financial activities in the process of automobile production, circulation, purchase and consumption, including fund raising, credit application, mortgage discount, securities issuance and trading, and related insurance and investment activities. It has the characteristics of large amount of funds, long turnover cycle, relatively stable capital movement and value-added
FAW-Volkswagen Finance:
1. Volkswagen financial services is an important business component of Audi in Germany. Since September of 1, 20 17, it is composed of Volkswagen Financial Services Limited, Volkswagen Bank Limited, Porsche Financial Services and its subsidiaries directly or indirectly affiliated to Audi AG in the United States, Canada and Spain (excluding the financial services of Porsche Holding Company in Scania and Salzburg).
2. The core business areas of FAW-Volkswagen Finance cover providing financing, leasing, banking and insurance, fleet management and mobile solutions for dealers and customers. Volkswagen Financial Services has 65,438+05,324 employees worldwide, including 6,503 employees in Germany. The total assets of Volkswagen's financial services are about 1, 70 1 billion euros, of which the turnover is 2 1 billion euros and the total contract amount is10.8 billion euros.
3. Volkswagen Finance (China) Co., Ltd. and Volkswagen New Power Investment Co., Ltd. are wholly-owned subsidiaries of Volkswagen Financial Services Co., Ltd. and the first wholly foreign-owned professional automobile financial services enterprise in China. At present, the main business scope includes: new and used car retail credit, dealer financing, after-sales service, automobile original factory warranty extension, financial leasing and so on.