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September 01, 2015 8:56 PM ET

Automobiles

Company Overview of Volkswagen de México, S.A. de C.V.

Company Overview

Volkswagen de Mexico, S.A. de C.V. engages in the production, export, import, and sale of automobiles, engines, and components and parts in Mexico and internationally. The company is based in Cuautlancingo, Mexico. Volkswagen de Mexico, S.A. de C.V. operates as a subsidiary of Volkswagen AG.

Km 116 Autopista Mexico-Puebla

San Lorenzo Almecatla

Cuautlancingo, EM 

Mexico

Phone:

52 222 230 8111

Fax:

52 222 230 8959

Key Executives for Volkswagen de México, S.A. de C.V.

Chief Executive Officer
Vice President of Sales and Marketing
Compensation as of Fiscal Year 2015.

Volkswagen de México, S.A. de C.V. Key Developments

Volkswagen de Mexico to Produce the New Three-ROW Tiguan in its Puebla Assembly Plant

Volkswagen de Mexico announced that a three-row version of the Tiguan will be produced at its plant in Puebla, Mexico. The car will be launched to the markets in 2017. The company will invest $1 billion for the expansion and modernization of its production facilities at the Puebla plant, as well as tooling to produce auto parts at suppliers. Volkswagen de mexico's strategy of technological upgrading, which started with the production of the new Golf on the Modular Transverse Matrix (MQB) platform, goes to the next step with the new Tiguan. Volkswagen specified that the production capacity for this longer Tiguan will be 500 units per day. This model will be supplied to North and South America, as well as other world markets (excluding the European Union and China).

Volkswagen De Mexico Invests $118 Million in New Silao Engine Factory

Volkswagen de Mexico announced a new investment of $118 million to mark the start of the second stage of its engine plant located in the Guanajuato Puerto Interior industrial park. The additional funding will be used to manufacture new components that will be used in a new version of the EA888 turbocharged and direct-injection TSI(R) engine. With this investment, the factory will be able to produce a new variable camshaft system that improves the performance of the engine and reduces CO2 emissions. As part of the expansion, Volkswagen will implement new processes for the manufacture of camshaft components, including complex technology such as electro-chemical machining and laser surface structuring. The expansion will add 37,000 square meters to the 120,000 square meters of buildings already constructed at the plant. The construction will start immediately and will continue during 2014. Machinery installation and setup will begin in January 2015. The production of the new engine will begin in the first quarter of 2016, generating 150 new jobs. The Volkswagen engine plant was opened in January 2013, the result of a $550 million investment. Its annual production capacity is 330,000 engines, and it supplies efficient and modern 1.8- and 2.0-liter TSI engines to Volkswagen automotive plants located in Puebla and Chattanooga. As of September 2013, the plant has 630 employees.

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