Volkswagen Financial Services starts business in Denmark
Through a joint venture with the Semler Group, Volkswagen Financial Services starts up business in Denmark as Volkswagen Semler Finans Danmark A/S.
The Semler Group is the company that imports Volkswagen Group brands into Denmark.
The new company offers vehicle financing, leasing, insurance and service contracts for both new and used vehicles for the Volkswagen Group brands.
Of the 198,125 vehicles registered in Denmark in 2020, 49,486 had one of the VW Group’s badges on them. Around 70 to 80% of all vehicles in Denmark are financed or leased.
Photo: Volkswagen factory in Lego theme park, Billund, Denmark (copyright: Shutterstock)