New VolkswagenDirect and AudiDirect websites enable dealers to purchase fresh, off-lease inventory to stock their lots.
VW Credit Inc. has partnered with Safe-Guard Products International to develop,, market an distribute a new line of Volkswagen-, Audi-, and Ducati-branded F&I products. The new line will be introduced to dealers on Jan. 1, 2017.
VW Credit Inc. will begin offering retail financing for Ducati motorcycles through its recently established Ducati Financial Services. The new captive finance company is expected to open this month.
The American Financial Services Association (AFSA) named Andrew Stuart as chair of the trade group's Vehicle Finance Division Advisory Board.
The partnership between Open Dealer Exchange and VW Credit includes processing credit application and contract data within the dealer management system.
Andrew Stuart, a 20-year veteran of the automotive industry, will take over as president of VW Credit. The appointment takes effect in January.
MVTRAC struck an exclusive agreement with VW Credit Inc. (VCI), a subsidiary of Volkswagen Group of America, to provide location and recovery services for the lender's defaulted automobile collateral.
ChannelNet, a provider of multichannel solutions for the automotive and financial services industries, today announced that VW Credit has expanded the use of Personalized Websites to include all of the customers in its lease portfolio.
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