- Extended payment deadlines, temporary increases in credit lines and improved interest conditions are to relieve the burden on dealers in Germany in the short term
- Holger. B. Santel, Head of Sales and Marketing Germany: “Vehicles continue to be available and can be ordered. The measures to combat coronavirus pose considerable challenges for our dealers. We want to provide them with the most effective support possible in order to maintain the performance capabilities of our strong sales network in Germany.”
Volkswagen brand offers dealers extensive liquidity support
Together with Volkswagen Bank, the Volkswagen Passenger Cars brand has created a comprehensive package of measures to strengthen the liquidity of its dealers. In addition to offering extended payment deadlines, temporary increases in credit lines and improved interest conditions, bonuses and incentives are to be brought forward and audits are to be suspended.