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Volkswagen Credit

J.D. Power: Lender Availability, Responsiveness Drive Satisfaction

Big winners in the firm’s 2018 U.S Dealer Financing Satisfaction Study include Mercedes-Benz Financial Services in the Captive Luxury Segment, Volkswagen Credit in the Captive Mass Market segment, Citizens One Auto Finance in the Noncaptive category, and TD Auto Finance in Floorplan.

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VW Credit Invests in AutoGravity

With its announced investment, Volkswagen’s captive finance company joins the automotive fintech firm’s mobile car shopping and financing platform. VW Credit also launched its own AutoGravity-powered smartphone app.

Horst Meima Named President and CEO of VW Credit

Horst Meima has served in a variety of roles during his 20-year career with the company. He will officially become president and CEO of Volkswagen Credit on Jan. 1, 2016.

Lincoln, VW Captives Rank Highest in Customer Satisfaction, JD Power Reports

The firm's annual study shows that Lincoln Automotive Financial Services ranked highest in the luxury segment, while Volkswagen Credit took top honors in the mass-market segment.

Volkswagen Credit Posts Record High in Contracts and Assets in 2012

The captive announced its new retail loan and lease contracts rose 28.3 percent to 404,947 this past year, as total assets climbed by 17.5 percent to $23 billion.

VW Credit Names Andrew Stuart President, CEO

Andrew Stuart, a 20-year veteran of the automotive industry, will take over as president of VW Credit. The appointment takes effect in January.

VW Credit Selects Wolters Kluwer for Volkswagen, Audi, Bentley Dealerships

Volkswagen Group’s VW Credit Inc. has chosen Wolters Kluwer Financial Services as a preferred provider of motor vehicle lease contracts for Volkswagen, Audi and Bentley dealerships.

Industry’s Common Denominator Located

The editor weighs in on the industry’s migration toward a new credit scoring system that’s more understanding and a little bit harsher.