volkswagen finance china co., ltd. & volkswagen new mobility service co., ltd.

Established in 2004, Volkswagen Finance (China) Co., Ltd. was the first wholly foreign-owned auto finance company in China. As a subsidiary of the German-based Volkswagen Financial Services AG, its mission is to support the sales of Volkswagen Group's automotive brands (including Volkswagen, Audi, Skoda, Porsche, Bentley, Scania, and MAN) by providing a comprehensive range of financial solutions. These services include retail and corporate auto loans, leasing options, and insurance brokerage, tailored to both individual and business customers. The company plays a crucial role in the group's strategy in China, which also involves related but legally separate entities like Volkswagen New Mobility Service Co., Ltd., focusing on future mobility solutions such as charging infrastructure and fleet management.