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Volkswagen
Auto Loans in Argentina
Volkswagen is pleased to
announce that they have recently entered
into a partnership that will benefit auto
buyers greatly. They have partnered with
HSBC to bring auto loans and auto
financing to Argentina.
The companies have teamed up to be able to
jointly offer auto financing options to
Argentineans that they could not have
before. Now if someone in Argentina wants
to purchase a new car, they have more
options to choose from. Considering that
Argentina is one of the ten largest
markets for the company in the world, it
is more than worth their time to develop a
partnership that they can bring in more
sales as well as make existing customers
even happier with their next purchase.
If they want to buy or lease a new
Volkswagen or Audi, they will now have
auto loan or auto lease programs that the
company was not able to offer on its own
before. This will increase sales for the
company in Argentina, as well as increase
the auto loan portfolio for HSBC.
They have split out the duties so that
Volkswagen will “oversee product and
business development,” and they will be
handling marketing and sales for the
company as well. HSBC is going to handle
all of the other operations not covered by
Volkswagen, especially things like risk
management and collections.
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