SOURCE: Volkswagen Group of America

Volkswagen Group of America

July 30, 2014 10:30 ET

Dr. Christian Dahlheim Named President and CEO of VW Credit, Inc.

HERNDON, VA--(Marketwired - Jul 30, 2014) - Volkswagen Group of America today announced that Dr. Christian Dahlheim has been named as President and CEO of VW Credit, Inc.

In this role, Dr. Dahlheim will oversee all functions of VW Credit, Inc., the captive finance company which services Volkswagen, Audi and Ducati customers, authorized automotive dealers and their affiliated stores as Volkswagen Credit and Audi Financial Services. Dr. Dahlheim, 45, takes on this position with over 18 years of finance and leadership experience, most recently serving as Executive Vice President & Chief Financial Officer for VW Credit, Inc. Dr. Dahlheim joined Volkswagen Financial Services AG in 2005.

Prior to his current role, Dr. Dahlheim was the Regional Manager, Europe & International, for Volkswagen Financial Services AG, responsible for the Financial Services businesses of the VW Group in Europe and selected overseas markets. Dr. Dahlheim has held various positions of increased responsibilities in the fields of engineering, consulting, financial services and automotive.

Dr. Dahlheim holds a Ph.D. from the European Business School in Economics, an MBA from the Anderson School at UCLA, and a Master's Degree from Technische Universität München in Physics.

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 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.

About VW Credit, Inc.
VW Credit, Inc. (VCI), was founded in 1981 to function as the financial service arm of Volkswagen Group of America (VWGoA) and is affiliated with Volkswagen of America, Inc., Audi of America, Inc. and Ducati Financial Services, Inc. VCI, a captive finance company, services Volkswagen and Audi customers, authorized automotive dealers and their affiliated stores as Volkswagen Credit and Audi Financial Services. The company provides competitive financial products and services to dealers and their customers in the United States. VW Credit, Inc. also manages and markets co-branded financial services through third-party providers. The company was founded in 1981, with headquarters in Herndon, Va. It maintains operational and customer service centers in Libertyville, Ill. and Portland, Ore.; a remarketing department in Auburn Hills, Mich.; as well as regional offices in Woodland Hills, Calif.; Alpharetta, Ga.; Woodcliff Lake, N.J.; Irving, Texas; and Rosemont, Ill.

Notes:
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