October 10, 2013

VW Credit, Inc. celebrates 1-million customer accounts

VW Credit, Inc. (VCI), the captive finance partner of Volkswagen, Audi and Ducati in the United States, announced that it has one-million vehicle finance agreements under contract. The milestone contract was for a lease of a Volkswagen Jetta by co-applicants
Linda Gaines (Mother) and Kyla Gaines (Daughter) from the Jim Ellis Dealership in Chamblee, GA.Christian Dahlheim, Executive Vice-President and Chief Financial Officer, VW Credit, Inc., and local guests and dignitaries gathered at the Jim Ellis Volkswagen Dealership in Kennesaw, to celebrate this occasion.As a special gift, VCI was to cover 12 payments on the 36 month lease of the vehicle.

"Today's milestone is another example of VCI's ability to support brands of the Volkswagen Group growth strategy by providing attractive financing solutions and superior service for our customers," said Andrew Stuart, President and CEO, VW Credit, Inc.

"We were excited to learn that the one-millionth customer account came as a Volkswagen Credit customer through our doors. Volkswagen is our flagship brand. We opened our first Volkswagen dealership in 1971 and now have 3 locations serving Georgia. We couldn't be more pleased," said Jimmy Ellis, Vice-President and COO of the Jim Ellis Automotive Group.

In addition of celebrating one million customer accounts, VCI officially launched 'FinanceSource', a new integrated solution for Credit & Contract Approvals, Funding, and Digital Document Storage. This system will help dealers to further reduce wait time for customers, eliminate the risk of missing documents and accelerate cash flow for the dealers. "The feedback by the dealers so far has been very positive in terms of accuracy, ease of use, and speed," said Dahlheim.


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