Ratings
Credit ratings conducted on a regular basis by Standard & Poor's and Moody's provide our investors with additional transparency.
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Long term rating of the VOLKSWAGEN AG |
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S&P (August 2006): Moodys (June 2008)*: *The ratings of Volkswagen reflect the application of Moody’s new rating methodology for government-related issuers. More information available on www.moodys.com. |
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Short term rating of the VOLKSWAGEN AG |
S&P (August 2005):
Short term deposits: A-2
Moodys (June 2008)*:
Short term deposits: Prime-2
*The ratings of Volkswagen reflect the application of Moody’s new rating methodology for government-related issuers. More information available on www.moodys.com.
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Volkswagen Financial Services AG |
Financial Services AG has an individual rating which at present is the same as that of Volkswagen AG.
S&P (August 2006):
Short term deposits: A-2
Long term deposits: A-
Outlook stable
Moodys (June 2008)*:
Short term deposits: Prime-2
Long term deposits: A3
Outlook positive
*The ratings of Volkswagen reflect the application of Moody’s new rating methodology for government-related issuers. More information available on www.moodys.com.
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VW Bank GmbH |
S&P (November 2006):
Short term deposits: A-1
Long term deposits: A
Outlook stable
Moodys (August 2005):
Short term deposits: Prime-1
Outlook stable
Long term deposits: A2
Outlook stable
Moody's commentary:
Volkswagen Financial Services AG and Volkswagen Bank GmbH are of strategic importance to the Volkswagen Group, due to the significant importance of customer and dealer financing in the distribution of VW Group vehicles.
Releases
- Moodys' release on Volkswagen AG
- PDF, as of 27th June 2008, 4 Pages, 66 KB
- S&P release on Volkswagen AG
- PDF, as of 1 August 2006, 4 Pages, 71 KB
- Moodys' release on Volkswagen AG
- PDF, as of 6th July 2005, 3 Pages, 56 KB
- S&P Release on Volkswagen Bank GmbH
- PDF, as of 14 November 2006 , 4 Pages, 56 KB