Citi Retail Services has signed a multi-year agreement for the Volkswagen After-Sales Credit Card Program in the US.
The program will provide a credit option to qualified Volkswagen owners/lessees for their parts, accessories, service, and maintenance needs while giving eligible dealers an opportunity to strengthen their relationships with these customers.
The credit card program will begin rolling out in October 2014 to almost 400 independent US Volkswagen dealerships participating in the Volkswagen Service Xpress program.
The roll-out is expected to be completed by early 2015 while the cards will be available to customers later in the fourth quarter.
Craig Vallorano, managing director for business development and strategy at Citi Retail Services, said: "Volkswagen stands among the world’s most recognized brands, and we are proud to welcome them to our family. This agreement solidifies Citi Retail Services’ position as a leader in auto aftermarket service financing."