TITLE

Volkswagen is third automaker to enter Utah banking race

AUTHOR(S)
Henry, Jim
PUB. DATE
June 2001
SOURCE
Automotive News;6/25/2001, Vol. 75 Issue 5936, p24
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Focuses on the ownership of the Volkswagen Bank in Utah by German company Volkswagen AG. Bank's position as a subsidiary of VW Credit Inc.; Enabling of Volkswagen to make loans directly to VW and Audi buyers; Volkswagen's issuance of its own credit cards; Acceptance of checking and savings account deposits; Establishment of interest rates in Utah that can be offered nationwide.
ACCESSION #
4749131

 

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