Volkswagen Group of America, Inc. Launches volkswagengroupamerica.com

Posted on February 5, 2008 
Filed Under AutoBusinessNews, Internet, News

AUBURN HILLS, Mich., Feb. 4 /PRNewswire/ — Volkswagen Group of
America, Inc. today launched its new corporate Web site,
http://www.volkswagengroupamerica.com. The new website will serve as the
central location for information about Volkswagen Group of America, Inc.
and the global Volkswagen Group, which is the fourth largest automaker in
the world.

“We have set bold new goals for success in the U.S., and this site is a
great vehicle to introduce our Company to new audiences in a fresh,
exciting way,” said Stefan Jacoby, President and Chief Executive Officer of
Volkswagen Group of America. “Our new Web site will be a key tool for our
Company as we increase dialogue with our U.S. customers and sharpen our
focus on this key market.”

On January 1, Volkswagen of America, Inc. changed its name to
Volkswagen Group of America, Inc. The name change reinforces the company’s
goal to streamline its U.S. operations and reflects the Company’s five
distinct brands: Audi, Bentley, Bugatti, Lamborghini, and Volkswagen, as
well as the related financial services functions VW Credit, Inc. The new
corporate site features links to the brand sites, and highlights corporate
citizenship activities, industry news and recruiting efforts, as well as
information on the history of the Volkswagen Group companies in the United
States and goals for the future.

Volkswagen Group of America is in the process of moving its U.S.
corporate headquarters from Auburn Hills, Mich., to Herndon, Va., scheduled
to begin in April 2008. Under Jacoby’s direction, the Company is
implementing a new strategy that will bring the Company closer to
customers, increasing competitiveness and achieving sharper focus on key
markets.

About Volkswagen Group of America, Inc.

Volkswagen Group of America, Inc. is a wholly-owned subsidiary of
Volkswagen AG, the world’s fourth largest automaker and the largest
carmaker in Europe. It houses the U.S. operations of a worldwide family of
distinguished and exciting brands including Audi, Bentley, Bugatti,
Lamborghini and Volkswagen, as well as VW Credit, Inc. Founded in 1955, the
company is currently headquartered in Auburn Hills, Mich. and will relocate
its headquarters to Herndon, Va. in spring 2008.

Volkswagen Group of America brings to the U.S. vehicles that marry the
science of engineering and the art of styling, with the goal of offering
attractive, safe, and environmentally sound automobiles that are
competitive and set world standards in their respective classes.

The company has approximately 2,500 employees in the United States and
sells its vehicles through an 800-dealer strong network. With increasing
popularity for its brands in the U.S., the company has set the goal of
reaching one million car sales in the country by 2018.

CONTACT: Jill Bratina
(248) 754-4905
(202) 957-0715
jill.bratina@vw.com

SOURCE Volkswagen Group of America, Inc.

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