DR. MICHAEL STEINER BECOMES GROUP COMPLIANCE COMMISSIONER

November 18, 2015 by Volkswagen Group of America

Herndon, Va., November 18, 2015 – Dr. Michael Steiner (51), until now Head of Total Vehicle Development/Quality at Porsche, has been appointed Compliance Commissioner at the Volkswagen Group effective as of November 16, 2015. In this function Steiner reports directly to the CEO of Volkswagen Aktiengesellschaft, Matthias Müller.

Steiner, who holds a Ph.D. in engineering, moved from Daimler, where he held various management posts, to join Porsche as Head of Innovation and Concepts in 2002. In 2005, he took charge of the Panamera series and played a key role in the success of this model. He was appointed Head of Total Vehicle Development/Quality at Porsche in 2011.

Steiner's tasks as Compliance Commissioner of the Volkswagen Group will include conducting talks with all regulatory and compliance authorities globally on all vehicle regulatory matters on behalf of the Volkswagen Group.

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.; the company has approximately 6,000 employees in the United States and sells its vehicles through a network of approximately 1,000 dealers.