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== Company Structure == | == Company Structure == | ||
March 1, 2022: Volkswagen Group is reorganizing its financial services holding companies, Volkswagen Financial Services Aktiengesellschaft and Volkswagen Bank GmbH. The two companies said, " By bundling its activities in a European financial services provider, the refinancing strength of Volkswagen Bank GmbH can best be used for the growth of the leasing business in Germany and Europe. The Volkswagen Group is thus laying the foundation for the successful implementation of the Group’s strategy in the mobility sector, taking into account the regulatory framework."<ref | March 1, 2022: Volkswagen Group is reorganizing its financial services holding companies, Volkswagen Financial Services Aktiengesellschaft and Volkswagen Bank GmbH. The two companies said, " By bundling its activities in a European financial services provider, the refinancing strength of Volkswagen Bank GmbH can best be used for the growth of the leasing business in Germany and Europe. The Volkswagen Group is thus laying the foundation for the successful implementation of the Group’s strategy in the mobility sector, taking into account the regulatory framework."<ref>https://www.eqs-news.com/news/adhoc/volkswagen-bank-gmbh-reorganization-of-the-subgroups-of-volkswagen-financial-services-aktiengesellschaft-and-volkswagen-bank-gmbh/1764427 </ref> | ||
== References == | == References == |