History of VFS
1959-1999
- Customer finance activities within each product company
- Treasury operations developed as a separate entity
- Real estate operations established in Sweden
- Insurance companies and partnerships created
- Sales Financing declared a "core competency" for the Group (1994)
2000
- VFS business unit created
2001
- VFS established as the 8th Volvo Business Area (including customer finance, Danafjord, Treasury and related services)
2006
- VFS transfers Danafjord and Treasury to AB Volvo, thereby becoming a pure customer finance company
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