Volkswagen Bank Ireland has provided some €100 million in vehicle finance packages for Irish consumers in the first seven months of this year, and expects lending to grow by almost 10 per cent year on year by the end of 2012 with a target of €120 million.
This finance has been provided through a range of finance packages through Volkswagen Group's five car marques: Audi, Skoda, Seat, Volkswagen, and Volkswagen Commercial Vehicles.
Providing vehicle finance here since 2008, Volkswagen Bank currently employs 30 staff at its headquarters in Leopardstown, Dublin 18. It has provided over €320 million in vehicle finance to the Irish market in the last three and a half years.
Volkswagen Bank Ireland also plays an important role with the 83 dealerships that currently operate across the five car marques of Volkswagen Group. The Bank is currently providing finance packages for Dealerships to purchase wholesale vehicle stock.
