Volkswagen Reports U.S. Sales for April 2003

AUBURN HILLS, Mich., May 1 -- Volkswagen of America, Inc. reported U.S. sales of 25,412 new cars for the month of April, off 15.9 percent compared to last year's April sales of 30,216. For the year, Volkswagen has sold 92,209 cars compared to 105,251 a year ago.

The following are Volkswagen AG U.S. sales of cars and light trucks in April
2003 versus the same year-earlier month and for the year to
date.
                      April 2003     April 2002    % Change
 All Vehicles                25,412         30,216      -19.1%
 Domestic Car                14,453         16,605      -16.3%
 Domestic Truck                   0              0        N.A.
 Import Car                  10,358         12,918      -22.9%
 Import Truck                   601            693      -16.6%
 Dom+Imp Cars                24,811         29,523      -19.2%
 Dom+Imp Trucks                 601            693      -16.6%
 Domestic Vehicles           14,453         16,605      -16.3%
 Imported Vehicles           10,959         13,611      -22.6%
                      Yr-to-Date      Prev Year    % Change
 All Vehicles                92,209        105,251      -12.4%
 Domestic Car                51,783         58,322      -11.2%
 Domestic Truck                   0              0        N.A.
 Import Car                  38,507         44,471      -13.4%
 Import Truck                 1,919          2,458      -21.9%
 Dom+Imp Cars                90,290        102,793      -12.2%
 Dom+Imp Trucks               1,919          2,458      -21.9%
 Domestic Vehicles           51,783         58,322      -11.2%
 Imported Vehicles           40,426         46,929      -13.9%
 --------------------------------------------------------------
 Percent changes are based on the daily sales rate, and
reflect 26 selling days this month vs. 25 in the month last
year, and 101 this year to date vs. 101 last year to date