MEDIA INFORMATION

FOR IMMEDIATE RELEASE

CONTACT: Jeannine Ginivan
(703) 364-7816

VOLKSWAGEN GROUP OF AMERICA ANNOUNCES $6.8 MILLION INVESTMENT IN CALIFORNIA

— Automaker to buildparts distribution facility in Sacramento, Calif., to support continued U.S. growth,and enhance service for VWGoA dealers in the region—

Herndon, Va. (June 15, 2015)– Volkswagen Group of America, Inc. (VWGoA), today announced plans to invest $6.8 million to expand its logistics operations by opening a new Pacific Northwest Parts Distribution Center in Sacramento, Calif. The 143,000 square-foot facility, marks Volkswagen’s second parts distribution warehouse in California, and will be used fordistributing automotive service parts for approximately 84 Audi and Volkswagen dealers in six states throughout the Pacific Northwest and Northern California.

“This new facility is a testament to Volkswagen Group of America’s commitment to servicing its dealer network and customer base on the West Coast as efficiently as possible,” said Jan Bures, Executive Vice President Group After Sales and Services, Volkswagen Group of America, Inc. “We remain focused on growing in the U.S. market through these strategic investments.”

The new Sacramento, Calif., facility will enable VWGoA to better service customer needs, in less time, improving stock orders from second-day to overnight delivery. The new warehouse will hold roughly 47,000 part numbers, and is slated to open the second quarter of 2016, with a projected employee roster of 28.

The investment is part of Volkswagen Group’s more than $7 billion commitment in the North American market between 2015 and 2019. VWGoA currently has a 310,000 square-foot parts and distribution facility in Los Angeles.

About Volkswagen Group of America, Inc.

Volkswagen Group of America, Inc. (VWGoA) is a wholly owned subsidiary of Volkswagen AG, one of the world’s leading automobile manufacturers and the largest carmaker in Europe. VWGoA operates a manufacturing plant in Chattanooga, Tennessee and houses the U.S. operations of a worldwide family of distinguished and exciting brands including Audi, Bentley, Bugatti, Lamborghini and Volkswagen, as well as our financial arm VW Credit, Inc. Founded in 1955, the company's headquarters are in Herndon, Va.; VWGoA brings vehicles to the U.S.that marry the science of engineering and the art of styling, with the goal of offering attractive, safe, and eco-conscious automobiles that are competitive and set world standards in their respective classes. The company has approximately 6,000 employees in the United States and sells its vehicles through a network of approximately 1,000 dealers.

— 1 —