Volkswagen will cease to write U.S. Audi and VW auto loans through its in-house captive finance company and instead refer that business to Wells Fargo starting in April. It will also start to refer U.

Volkswagen Financial Services and Wells Fargo entered a multi-year co-branded agreement under which Wells Fargo will be the preferred purchase financing provider for the Volkswagen, Audi and Ducati brands in the U.

Volkswagen announced on Monday that its US Financial Services arm (VWFS) would partner with Wells Fargo to provide financing for customers. While VWFS will continue to service existing customers, Wells Fargo will be the main financing option starting in April 2025. Essentially, VW is ditching the driver’s seat in the U.S. financing landscape.