Volkswagen finance arm sets up India unit

Newswire

MUMBAI, Jan 29 (Reuters) - A financial services arm of German automaker Volkswagen has set up a unit in India to cater to dealers and customers selling or buying its group brands, the firm said in a statement on Thursday. Volkswagen Finance Pvt Ltd will offer financial products for Volkswagen, Volkswagen Commercial Vehicles, Audi and Skoda and also tie up with local financial institutions and insurance companies to increase market penetration. Vehicles sales in India have been hit by ...

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