Is public finance leasing a formal company in Germany?

Yes, Volkswagen Financial Leasing is a regular company. Volkswagen Financial Leasing Co., Ltd. was established in 1998, and is a wholly-owned subsidiary of Volkswagen Group, headquartered in Prague, Germany. As a company specializing in auto finance leasing and auto finance services, Volkswagen Finance Leasing has a wide business network and customer base around the world, providing individuals and enterprises with a variety of auto finance leasing programs and financial services, including car leasing, finance leasing, auto loans, insurance, warranty and maintenance. As a part of Volkswagen Group, German Volkswagen Financial Leasing's business and products meet the relevant laws, regulations and standards of Germany and Europe, and it has legal business qualifications and good reputation.