VW Credit Launches Ducati Financial Services
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.
HERNDON, Va. — VW Credit Inc. (VCI), a subsidiary of Volkswagen Group of America Inc., will now offer retail financing for new and used Ducati motorcycles in the U.S. market. The newly established Ducati Financial Services (DFS) will officially begin operations this month and will offer customer financing through Ducati dealers across the U.S.
In addition, DFS will offer ancillary products for new and used motorcycles, including the Ever Red Motorcycle Protection Plan, Total Loss Protection plan, and Road Hazard Tire and Wheel Protection plans.
"We are delighted to offer competitive retail financing and ancillary products for the Ducati premium motorcycle brand,” said Andrew Stuart, CEO of VW Credit Inc. “With Ducati Financial Services, Ducati customers and dealers have a strong captive finance partner. They will benefit from more than 30 years of experience in the automotive finance business and we are really looking forward to working together."
“The introduction of Ducati Financial Services marks an historical time for Ducati North America,” said Dominique Cheraki, general manager of Ducati North America. “With specifically tailored, in-house programs, we are now able to effectively enhance and improve the customer buying and ownership experience. The implementation of a program of this magnitude represents a milestone in the development of Ducati and its growing dealer network in North America.”
Ducati is a premium motorcycle brand that was founded in 1926 in Bologna, Italy. In April 2012, Ducati was acquired by Audi AG. Ducati sold more than 44,000 motorcycles worldwide in 2012, with U.S. sales accounting for 9,258 units.
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