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Volkswagen Aiming At High Investments!
The company said with this finance wing, the company will be able to promote three of its product platforms such as Audi Finance, Skoda Finance and VW Finance. The customers can hereinafter approach 164 dealers for getting the financial assistances. The VWFPL will operate from Mumbai with headquarters and the initial investment would be Rs120 crore, said the company.
The activities of the financial company will be of finance, insurance and maintenance. The India Chairman for the VWF said as regard VW, the India market is one among the potential ones and the fastest growing regions. Hence it is quite natural for the company to set afoot its intense presence with the provision to utilize the products of Audi, Skoda and VW. The Volkswagen Financial Services AG acts as the whole subsidiary of Volkswagen AG having a customer base of 60 lakh spread in 38 countries.
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