Volkswagen Group of America, Inc. Launches volkswagengroupamerica.com

AUBURN HILLS, Mich., Feb. 4 -- Volkswagen Group of America, Inc. today launched its new corporate Web site, which will serve as the central location for information about Volkswagen Group of America, Inc. and the global Volkswagen Group, which is the fourth largest automaker in the world.

"We have set bold new goals for success in the U.S., and this site is a great vehicle to introduce our Company to new audiences in a fresh, exciting way," said Stefan Jacoby, President and Chief Executive Officer of Volkswagen Group of America. "Our new Web site will be a key tool for our Company as we increase dialogue with our U.S. customers and sharpen our focus on this key market."

On January 1, Volkswagen of America, Inc. changed its name to Volkswagen Group of America, Inc. The name change reinforces the company's goal to streamline its U.S. operations and reflects the Company's five distinct brands: Audi, Bentley, Bugatti, Lamborghini, and Volkswagen, as well as the related financial services functions VW Credit, Inc. The new corporate site features links to the brand sites, and highlights corporate citizenship activities, industry news and recruiting efforts, as well as information on the history of the Volkswagen Group companies in the United States and goals for the future.

Volkswagen Group of America is in the process of moving its U.S. corporate headquarters from Auburn Hills, Mich., to Herndon, Va., scheduled to begin in April 2008. Under Jacoby's direction, the Company is implementing a new strategy that will bring the Company closer to customers, increasing competitiveness and achieving sharper focus on key markets.

About Volkswagen Group of America, Inc.

Volkswagen Group of America, Inc. is a wholly-owned subsidiary of Volkswagen AG, the world's fourth largest automaker and the largest carmaker in Europe. It 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 is currently headquartered in Auburn Hills, Mich. and will relocate its headquarters to Herndon, Va. in spring 2008.

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 2,500 employees in the United States and sells its vehicles through an 800-dealer strong network. With increasing popularity for its brands in the U.S., the company has set the goal of reaching one million car sales in the country by 2018.