Volkswagen Group of America is the US sales arm of Volkswagen AG (VW), Europe's largest automaker. The company sells Volkswagen and AUDI cars through about 1,000 dealerships in the US. Volkswagen Group of America also handles other VW brands, including Bentley, Tiguan, and Lamborghini, in North America. In addition, it offers leasing and financing through its subsidiary VW Credit (VCI). Volkswagen of America operates research and development facilities in Arizona, California, and New Jersey. Volkswagen founded the division in the US in 1955.
Volkswagen Group of America operates through 20 locations, one manufacturing plant in Chattanooga, Tennessee, and almost 12 regional dealer support offices.
Matching engineering with styling, Volkswagen Group of America's research and development facilities are focused on developing technologies for synthetic fuels, natural gas, hybrid, and electric vehicles, as well as safety features including lane change assist, blind spot protection, adaptive headlights, and adaptive cruise control. The company has post-production and parts distribution facilities across the US.
In fiscal 2014, the parent company had about 880,000 units of vehicle sales in North America.
Volkswagen AG recognizes that its US operations are crucial to its global goals. Volkswagen of America's parent company ponied up $4 billion for investment in its US operations. Of that amount, $1 billion went toward the construction of a new manufacturing plant in Tennessee that opened in 2011. The facility has a capacity to produce 150,000 vehicles per year. Volkswagen AG's ultimate goal is to reach 800,000 car sales (VW and Audi) by 2018.