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Company type | Subsidiary |
---|---|
Industry | Automotive |
Founded | Englewood Cliffs, New Jersey, U.S. (1955 ) |
Headquarters | Reston, Virginia, U.S. |
Area served | North America |
Key people | Pablo Di Si (CEO) |
Products | Automobiles, auto part |
Brands | |
Services | Automotive financial services |
Parent | Volkswagen Group |
Subsidiaries | Electrify America |
Website | volkswagengroupofamerica.com |
Volkswagen Group of America, Inc. (sometimes referred to as Volkswagen of America, abbreviated to VWoA),[1] is the North American operational headquarters, and subsidiary of the Volkswagen Group of automobile companies of Germany. VWoA is responsible for six marques: Audi, Bentley, Lamborghini, and Volkswagen, and in addition is the exclusive importer and distributor of Bugatti and Rimac cars in the U.S.[2] It also controls VW Credit, Inc. (operating as Volkswagen Financial Services),[3] Volkswagen's financial services and credit operations.[4] The company is headquartered in Reston, Virginia.[5][6]
In Germany, the parent company Volkswagen AG is responsible for eight marques of the group, from six European countries: Volkswagen, Audi, Bentley, Bugatti, Lamborghini, Porsche, SEAT, Škoda and Volkswagen Commercial Vehicles.
As of March 2008, VWoA has 20 operational facilities, spanning coast to coast, and its primary objective is "to offer attractive, safe and environmentally sound vehicles which are competitive on an increasingly tough market and which set world standards in their respective classes".[7]
On July 16, 2008, Volkswagen AG announced plans to build its first production facility in the United States[8] since the closure of its Westmoreland Assembly Plant in 1988. The Volkswagen Chattanooga Assembly Plant was inaugurated on May 24, 2011, and initially built the US-spec Volkswagen Passat and in 2017 started production of the Volkswagen Atlas.[9]