SOURCE: Volkswagen of America, Inc.

Volkswagen of America, Inc.

October 24, 2012 08:31 ET

Prof. Dr. Martin Winterkorn, Chairman of the Board of Management, Volkswagen AG, Honored With 2012 Global Leadership Award

Award Recognizes Prof. Dr. Winterkorn and Volkswagen AG's Commitment to Strengthening the German-American Relations Through Leadership in Manufacturing and Strategic Collaboration

NEW YORK, NY--(Marketwire - Oct 24, 2012) -  Prof. Dr. Martin Winterkorn, chairman of the board of management, Volkswagen AG, was honored with the 2012 Global Leadership Award by the American Institute for Contemporary German Studies (AICGS) at a gala event in New York Tuesday evening. The award celebrates Prof. Dr. Winterkorn and Volkswagen AG's achievements in strengthening German-American relations and growing the economies of both nations through innovative auto manufacturing and commitment to social responsibility.

More than 400 guests and dignitaries, including Sen. Bob Corker, R-Tenn., German Ambassador to the United States Peter Ammon, renowned pianist Lang Lang, and Max Page, who portrayed mini Darth Vader in Volkswagen's "The Force" commercial, attended the tribute to Prof. Dr. Winterkorn. 

"I am honored that the AICGS has presented me this award, and am incredibly proud that Volkswagen AG is not only respected as a global leader in automotive manufacturing, but a steward of U.S.-German relations," said Prof. Dr. Martin Winterkorn. "We will continue to seek opportunities to further strengthen this relationship in the coming years."

Sen. Corker, who presented the award to Prof. Dr. Winterkorn, praised both Volkswagen AG and Volkswagen Group of America for its devotion to the U.S. market, where it has pledged $4 billion in investments as part of its overall growth strategy. The Volkswagen Chattanooga Plant, which has produced more than 100,000 Passat vehicles and employs more than 3,300 workers, is a cornerstone of that plan.

"It is a privilege to recognize the achievements of such a distinguished global business leader and his company, Volkswagen AG, which during a period of slow economic growth, did not lessen their commitment to our country but deepened it. Through their long-term dedication to U.S. expansion, Volkswagen Group of America has created tremendous job opportunities in Tennessee and throughout our country, and we are grateful for their continued support," said Sen. Corker.

Based in Washington, D.C., the AICGS inaugurated the Global Leadership Award in 1994 as part of its mission to foster stronger ties between the United States and Germany. The Award recognizes the achievements of business leaders who, through their personal and professional accomplishments, have helped strengthen the close partnership between Germany and the United States. Past award recipients include Herbert Hainer, CEO, adidas Group; Prof. Dr. Wolfgang Reitzle, president and CEO, Linde AG; Dr. Angela Merkel, Chancellor of the Federal Republic of Germany; Dr. rer. Pol. Manfred Bischoff, chairman of the Supervisory Board, Daimler AG; and James A. Baker III, 61st U.S. Secretary of State.

About Volkswagen Group of America, Inc.
Volkswagen Group of America, Inc. is a wholly owned subsidiary of Volkswagen AG, the world's third-largest automaker and the largest carmaker in Europe. It operates a manufacturing plant in Chattanooga, Tenn., 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., 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 more than 4,500 employees in the United States and sells its vehicles through a 940-strong dealer 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.

About the American Institute for Contemporary German Studies (AICGS)
The American Institute for Contemporary German Studies strengthens the German-American relationship in an evolving Europe and changing world. The Institute produces objective and original analyses of developments and trends in Germany, Europe, and the United States; creates new transatlantic networks; and facilitates dialogue among the business, political, and academic communities to manage differences and define and promote common interests.

Affiliated with Johns Hopkins University, AICGS provides a comprehensive program of public forums, policy studies, research and study groups designed to enrich the political, corporate, and scholarly constituencies it serves. For more information, visit www.aicgs.org.

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