Volkswagen Group of America, Inc. · Herndon, VA United States
Company Description
View Volkswagen Group of America, Inc. Locations On A US Map
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This link will open in a new window Volkswagen Group of America (formerly Volkswagen of America) is the US sales arm of Volkswagen AG , Europe's largest automaker. The company sells Volkswagen and AUDI cars through about 600 Volkswagen dealerships and 270 AUDI dealerships in the US. Volkswagen's autos include the Rabbit, Jetta, Eos, GTI, CC, Passat, the New Beetle, Routan, Tiguan, and the Touareg. Cars by AUDI include the Avant, A3-A6, A8, Q7, the TT Coupe and Roadster convertible, and the R8 supersportscar. Volkswagen Group of America also handles VW's Bentley , Bugatti, and Lamborghini brands in North America. In addition, it offers leasing and financing through VW Credit. Volkswagen founded the division in the US in 1955. To read the full description, subscribe now.
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Key Volkswagen Group of America, Inc. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $17,923.2 |
| 2008 Employees | 2,243 |
Volkswagen Group of America, Inc. Executives
24 executives listed for Volkswagen Group of America, Inc.'s Herndon, VA location.
| Title | Name & Bio | Contact |
| President and CEO | Stefan Jacoby | Network |
| COO | Mark Barnes | Network |
| CFO | Michael Lohscheller | Network |
Competition
Competitive Landscape for Volkswagen Group of America, Inc.
Demand is driven by employment and interest rates. The profitability of individual companies depends on manufacturing efficiency, product quality, and effective marketing. Large companies have economies of scale in purchasing and marketing; smaller companies can compete by focusing on specialized markets. The industry is capital-intensive: average annual revenue per employee is nearly $2 million. US-based automakers compete with numerous foreign rivals, including companies such as Toyota, Honda, and Nissan that have extensive auto assembly operations in the US. Through stateside manufacturing capacities and exports to the US, foreign carmakers collectively have about half of the US market. US auto manufacturers' financial positions have deteriorated dramatically in recent years. The "Detroit Three" (Chrysler, Ford, and GM) have suffered from import competition and high cost structures. High gas prices, few small car offerings, and near record-low consumer demand during the late 2000s recession drove Chrysler and GM into bankruptcy, where their debts were restructured. Chrysler and GM also received billions in loans from the US and Canadian governments. Ford, which has joined GM and Chrysler in various government incentive programs but has not received direct federal investment, avoided bankruptcy largely due to more than $20 billion in secured and unsecured loans it took out in 2006. To read the full description, subscribe now.Top Volkswagen Group of America, Inc. Competitors
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