Volkswagen Group of America Dedicated to Helping Those Devastated by
Volkswagen of America Foundation to Contribute $500,000 to the
American Red Cross for Relief Efforts
HERNDON, VA -- (Marketwire) -- 10/31/12 -- The Volkswagen of America
Foundation, on behalf of the Volkswagen Group of America, announced
today that it will make an immediate donation of $500,000 to the
American Red Cross for Hurricane Sandy relief to provide support for
affected areas across the Northeast.
"Given the scale of the storm and its severity in several states
throughout the Northeast, the Volkswagen of America Foundation has
decided to provide resources to the American Red Cross, who can then
allocate the resources where needed," said Jonathan Browning,
President and CEO, Volkswagen Group of America, Inc. "It is our hope
that this donation will provide some relief to those affected and
help them rebuild their communities and their lives."
The donation will help cover costs of shelter, food, recovery and
other assistance to families affected by the storm. Volkswagen would
like to express their thoughts and concern for all of its customers,
dealers, employees and their families who have been affected by the
storm. Additionally, Volkswagen will provide matching funds to any
employee donations made to the American Red Cross or the organization
of their choosing.
The Volkswagen of America Foundation was formed by the Volkswagen
Group of America, Inc. to make grants to organizations that provide
About Volkswagen Group of America, Inc.
Volkswagen Group of
America, Inc. is a wholly owned subsidiary of Volkswagen AG, one of
the world's leading automobile manufacturers and the largest carmaker
in Europe. It operates a manufacturing plant in Chattanooga,
Tennessee and 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's headquarters are in Herndon, Va., and 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 5,900 employees in the United States and
sells its vehicles through a 950-strong dealer network.
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