VWFS US and Wells Fargo launch new vehicle financing partnership

Volkswagen Financial Services (VWFS) and Wells Fargo have officially launched a multi-year co-branded agreement that positions Wells Fargo as the preferred provider of purchase financing for Volkswagen and Audi vehicles across the US market. This collaboration marks a major shift in Volkswagen Group of America’s (VWGoA) financial services model, as VWFS sharpens its focus on consumer leasing and mobility-based solutions.

Under the agreement, Wells Fargo will now provide US consumers with financing options for purchasing new VW and Audi vehicles through a co-branded experience in partnership with VWFS. Beginning in April 2026, this arrangement will also extend to Ducati motorcycles, adding another premium brand from the Volkswagen Group portfolio to the program.

VWFS, the captive financial services arm of VWGoA, will continue servicing all retail finance contracts it originated prior to the agreement’s launch. It will now concentrate its efforts on leasing and usage-based products, such as flexible mobility solutions, in alignment with VWGoA’s long-term growth strategy in the US automotive market.

“We are immensely grateful to the dedicated teams at VWFS and Wells Fargo who have worked tirelessly to make this alliance a reality,” said Ernst Jan van Eijkelenburg, President and CEO of Volkswagen Financial Services and Region Manager for North America.

“Their hard work and commitment have been instrumental in ensuring a smooth transition. We look forward to the significant benefits this collaboration will bring to our stakeholders.”

Tanya Sanders, head of Wells Fargo Auto, echoed this sentiment, emphasising the shared vision behind the partnership. “Since announcing this exciting new relationship, our teams have been intently focused on delivering a seamless financing experience for Volkswagen and Audi dealers and customers,” she said.

“Our collaborative efforts are fuelled by our shared commitment to innovation. Together, we will continue to enhance our offerings and set new standards for excellence in automotive financing and the consumer experience.”