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Volkswagen Financial Services: Difference between revisions
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As supply is going to improve slowly over the next few quarters, I don't think the amount of money needed for financing will decrease. Even though less money will be needed for financing as demand is going to ease, supply growth will offset the inbalance. | As supply is going to improve slowly over the next few quarters, I don't think the amount of money needed for financing will decrease. Even though less money will be needed for financing as demand is going to ease, supply growth will offset the inbalance. | ||
The <u>number of contracts</u> for the whole group in the first three quarters was '''18 milllion''', of which <u>'''7.2''' million are for financing and leasing</u>. | |||
Let's take a look at contracts per region for Volkswagen Financial Services ( source : VW Q3 2022 CC ) | |||
For <u>new contracts</u>''',''' the number stood at <u>'''4.6 million'''</u> in the reporting period, and was <u>'''down 6.3%'''</u> on the previous year’s figure. | |||
Let's take a look at <u>contracts per region</u> for Volkswagen Financial Services ( source : VW Q3 2022 CC ) | |||
''North America'' | ''North America'' | ||
-3 million contracts; | -'''3 million contracts'''; | ||
-583,000 of which are new contracts; | -'''583,000''' of which are <u>new contracts</u>; | ||
-That is a 6.8% fall, attributed to the decline of vehicle deliveries; | -That is a <u>6.8% fall</u>, attributed to the <u>decline of vehicle deliveries</u>; | ||
-Contracts for customer financing / leasing stood at 1.7 million. | -Contracts for customer financing / leasing stood at '''1.7 million'''. | ||
''South America'' | ''South America'' | ||