Volkswagen Financial Services UK (VWFS UK) has extended its defleet relationship with Manheim for another five years, taking the partnership between the two companies to December 2026. Around 90,000 units per year in normal market conditions are expected to receive the services provided at Cox Automotive’s vehicle services facilities at Bruntingthorpe.
The agreement is an extension of a nine-year partnership between the two companies, which began in 2013. Manheim will handle the solus supply of defleet services for all Volkswagen Financial Services UK owned vehicles.
Neil Weddell, Head of Asset Risk and Remarketing at Volkswagen Financial Services UK, said: “Our partnership with Manheim has seen significant growth over the past nine years, with smooth and efficient processes that have helped deliver the Vehicle Remarketing services that we offer.”
Sam Panayides, Sales Director, Cox Automotive, added: “We’ve enjoyed a strong partnership with Volkswagen Financial Services UK over the years, handling a high volume of vehicles every year and delivering to the company’s expectations. This was important in continuing our relationship into the future.”
Volkswagen Financial Services UK is one of the largest automotive finance companies in the UK, providing motor finance to over one million customers. The brand’s aim is to provide customers with peace of mind and a simple way of getting into the driving seat of a new vehicle of their choice.
Funding with Volkswagen Financial Services UK gives customers peace of mind that they are dealing with experts in the industry. Volkswagen Financial Services UK works closely with Volkswagen Group brands to ensure it can provide competitive rates and unbeatable service.
Volkswagen Financial Services UK is committed to putting its customers of the heart of everything it does, offering a range of straightforward finance, servicing, insurance and mobility products. Volkswagen Financial Services UK is regulated by the FCA (Financial Conduct Authority).