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Volkswagen Financial Services UK has extended its relationship with Manheim for another five years.
Manheim will handle around 90,000 units per year at its 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.
Pictured are Sam Panayides, sales director, Cox Automotive and Neil Weddell, head of asset risk and remarketing at Volkswagen Financial Services