January 19, 2017 3:05 AM ET

Automobiles

Company Overview of Volkswagen Group of America, Inc.

Company Overview

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

United States

Founded in 1955

Phone:

248-754-5000

Fax:

703-364-7071

Key Executives for Volkswagen Group of America, Inc.

Chairman, Chief Executive Officer, President and Chief Executive Officer of The North America Region - Volkswagen
Age: 55
Chief Financial Officer and Executive Vice President
Age: 42
Chairman of Volkswagen Group of America Chattanooga Operations, Llc and Chief Executive Officer of Volkswagen Group of America Chattanooga Operations, Llc
Age: 54
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 Recalls 136,000 Autos for Antilock Brake Fix

Volkswagen Group of America is recalling nearly 136,000 Audi and Volkswagen autos to fix potential problems with their antilock brake systems. The recall covers 135,683 vehicles, including certain 2009-10 Volkswagen Jetta A5 sedans, 2009 Volkswagen Jetta SportWagen, Eos, GTI, Rabbit and Audi A3 vehicles and 2010 Volkswagen Golf A6 vehicles. In them, the control unit for the antilock brake system may fail when the system or the auto's electronic stability control are activated. The automaker traced the problem to the use of an incorrect solder compound, which may cause cracks that prevent sufficient electrical power to flow.

Volkswagen AG and Volkswagen Group of America, Inc. Obtains Final Approval of 2.0L TDI Settlement Program in United States

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

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.

Similar Private Companies By Industry

Company Name Region
4-Star Trailers, Inc. United States
AA Truck Sleeper, LLC United States
Able Manufacturing & Assembly LLC United States
Accubuilt, Inc. United States
Advanced Containment Systems, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Bloomberg L.P. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Volkswagen Group of America, Inc., please visit www.volkswagengroupamerica.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.