Saturday, February 07, 2004

Volkswagen will start bank in the Netherlands as well

Car producer Volkswagen often uses financing deals to stimulate the sale of cars. For that reason it already operates a German Bank. Ben Putter referred me to this article at AutoTrack.nl. It turns out that Volkswagen and Pon Holding (a car importer) will start banking in the Netherlands as of 2005. The name of the bank will probably Volkswagen bank and it will have an internet-branch.