2012-08-28

Volkswagen Bank Ireland, a division of Volkswagen Financial Services, Europe’s biggest automotive finance provider has revealed that in the first seven months of 2012 it has provided approximately €100 million in vehicle finance packages for Irish consumers and expects lending to grow by almost 10 per cent year on year (2011 -€109m) by the end of 2012 with a target of €120 million. The financial wing of the Volkswagen Group, this finance has been provided via a range of attractive finance packages through Volkswagen Group’s car marques which are: Audi, Skoda, Seat, Volkswagen and Volkswagen Commercial Vehicles. Providing vehicle finance in Ireland since 2008, Volkswagen Bank currently employs 30 staff at its headquarters in Leopardstown, Dublin 18.  Volkswagen Bank has provided over €320 million in vehicle finance to the Irish market in the last three and half years and it has viewed a significant surge in lending applications over the last 24 months as Irish motorists become more aware and more familiar with the competitive finance offers available via Europe’s largest automotive bank. Commenting on the increasing level of finance provided: Mutlu Gur, General Manager, Volkswagen Bank said: “2012 has seen surge of consumer interest in Volkswagen Bank. Irish motorists [...]

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