Company Overview of Volkswagen Group of America, Inc.
Volkswagen Group of America, Inc. manufactures automobiles. It sells its vehicles through a network of dealers in the United States. Volkswagen Group of America, Inc. was founded in 1955 and is headquartered in Herndon, Virginia. It has a manufacturing plant in Chattanooga, Tennessee. Volkswagen Group of America, Inc. operates as a subsidiary of Volkswagen AG.
2200 Ferdinand Porsche Drive
Herndon, VA 20171
Founded in 1955
Key Executives for Volkswagen Group of America, Inc.
Chairman, Chief Executive Officer, President and Chief Executive Officer of The North America Region - Volkswagen
Chief Financial Officer and Executive Vice President
Chairman of Volkswagen Group of America Chattanooga Operations, Llc and Chief Executive Officer of Volkswagen Group of America Chattanooga Operations, Llc
President of Chattanooga Production Facility of Volkswagen of America, Inc.
President of Audi of America, Inc.
Compensation as of Fiscal Year 2016.
Volkswagen Group of America, Inc. Key Developments
Volkswagen AG and Volkswagen Group of America, Inc. Obtains Final Approval of 2.0L TDI Settlement Program in United States
Oct 25 16
Volkswagen AG, Volkswagen Group of America, Inc. and certain affiliates (together, Volkswagen) announced that Judge Charles R. Breyer of the United States District Court for the Northern District of California has granted final approval to the settlement agreement between Volkswagen and private plaintiffs represented by a Court-appointed Plaintiffs' Steering Committee (PSC) to resolve civil claims regarding eligible Volkswagen and Audi 2.0L TDI vehicles in the United States. Concurrently, Judge Breyer also approved a Consent Decree between Volkswagen and the U.S. Department of Justice on behalf of the Environmental Protection Agency (EPA) and the State of California by and through the California Air Resources Board (CARB) and the California Attorney General; and a Consent Order between Volkswagen and the U.S. Federal Trade Commission. All three agreements were previously announced. Volkswagen remains focused on resolving other outstanding issues in the United States and continues to work towards an agreed resolution for customers with affected 3.0L TDI V6 diesel engines.
Volkswagen Group of America, Inc. Appoints Anu C. Goel as Executive Vice President Group After Sales & Services, Effective October 16, 2016
Sep 7 16
Volkswagen Group of America, Inc. announced that Anu C. Goel has been named Executive Vice President Group After Sales & Services, effective October 16. In this position, Goel will oversee the company after sales strategy, including vehicle and parts logistics as well as wholesale parts operations, CRM and market research. He will report directly to Hinrich J. Woebcken, President and CEO of the group. Goel has over 30 years of total supply chain management, operational-leadership, and after sales experience. Within the group, Goel was most recently Vice President of Parts and Vehicle Logistics for Group After Sales.
Volkswagen and VW-Branded Franchise Dealers in U.S. Reach Agreement in Principle to Resolve Diesel Litigation
Aug 25 16
Volkswagen Group of America, Inc. has announced that it has reached an agreement in principle to resolve the claims of VW-branded franchise dealers in the United States relating to TDI vehicles affected by the diesel matter and other matters asserted concerning the value of the franchise. Volkswagen has agreed to make cash payments and provide additional benefits to the dealers to resolve alleged past, current and future claims of losses in franchise value. Volkswagen and the dealers' counsel will now work to finalize details of the proposed settlement, including how to apportion payments to dealers in the appropriate manner. Details of the agreement in principle are still under discussion and are expected to be finalized at the end of September. Any proposed agreement will become effective only after approval by the Court, and the parties have agreed to keep further terms confidential as they work to finalize the agreement. Under the agreement, Volkswagen will consent to the certification - for settlement purposes only - of a class of VW-branded franchise dealers in the United States as of an agreed date. The plaintiffs filed the initial complaint against Volkswagen on April 6, 2016, in the U.S. District Court for the Northern District of Illinois. The litigation was subsequently transferred to the multidistrict proceedings in the U.S. District Court for the Northern District of California.
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