SOURCE: Volkswagen of America, Inc.

Volkswagen of America, Inc.

October 31, 2012 15:03 ET

Volkswagen Group of America Dedicated to Helping Those Devastated by Hurricane Sandy

Volkswagen of America Foundation to Contribute $500,000 to the American Red Cross for Relief Efforts

HERNDON, VA--(Marketwire - Oct 31, 2012) - The Volkswagen of America Foundation, on behalf of the Volkswagen Group of America, announced today that it will make an immediate donation of $500,000 to the American Red Cross for Hurricane Sandy relief to provide support for affected areas across the Northeast.

"Given the scale of the storm and its severity in several states throughout the Northeast, the Volkswagen of America Foundation has decided to provide resources to the American Red Cross, who can then allocate the resources where needed," said Jonathan Browning, President and CEO, Volkswagen Group of America, Inc. "It is our hope that this donation will provide some relief to those affected and help them rebuild their communities and their lives."

The donation will help cover costs of shelter, food, recovery and other assistance to families affected by the storm. Volkswagen would like to express their thoughts and concern for all of its customers, dealers, employees and their families who have been affected by the storm. Additionally, Volkswagen will provide matching funds to any employee donations made to the American Red Cross or the organization of their choosing.

The Volkswagen of America Foundation was formed by the Volkswagen Group of America, Inc. to make grants to organizations that provide disaster relief.

About Volkswagen Group of America, Inc.
Volkswagen Group of America, Inc. is a wholly owned subsidiary of Volkswagen AG, one of the world's leading automobile manufacturers and the largest carmaker in Europe. It 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., and 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 approximately 5,900 employees in the United States and sells its vehicles through a 950-strong dealer network.

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