Subsidy Tracker Parent Company Summary
Parent Company Name:
Volkswagen
Ownership Structure:
publicly traded
Headquartered in:
Germany
Major Industry:
motor vehicles
Specific Industry:
motor vehicles
| Subsidy Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $921,478,311 | 9 |
| Federal (grants and allocated tax credits) | $150,000,000 | 1 |
| TOTAL | $1,071,478,311 | 10 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $0 | 0 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $810,800,000 | 35 |
| TOTAL | $810,800,000 | 35 |
Time Period for State and Local Awards:
Earliest year of data: 1976. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2013.
Time Period for Federal Awards:
FY2000 to the present
Notes:
Dollar totals do not include awards for which no subsidy value is disclosed.
Associated Names:
PORSCHE CARS NORTH AMERICA; VOLKSWAGEN; VOLKWAGEN GROUP OF AMERICA CHATT OPER
Links:
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
|---|---|---|
| Tennessee | $818,800,000 | 3 |
| Pennsylvania | $100,000,000 | 1 |
| Virginia | $1,609,251 | 2 |
| New Jersey | $489,060 | 1 |
| Georgia | $400,000 | 1 |
| All other | $180,000 | 1 |
Individual Subsidy Records:
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| Company | Location | Subsidy Source | Year |
Subsidy Value |
Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|
| Volkswagen | Tennessee | multiple | 2008 | $554,000,000 |
MEGADEAL  |
|
| Volkswagen | Tennessee | multiple | 2014 | $263,300,000 |
MEGADEAL |
|
| Volkswagen Group of America Chattanooga Operations LLC | United States | federal | 2010 | $150,000,000 | federal allocated tax credit | |
| Volkswagen | Pennsylvania | multiple | 1976 | $100,000,000 |
MEGADEAL |
|
| Volkswagen of America, Inc. | Virginia | state | 2008 | $1,500,000 | grant | |
| Volkswagen Group of America, Inc. | Tennessee | state | 2012 | $1,500,000 | grant | |
| Volkswagen of America, Inc. | New Jersey | state | 2001 | $489,060 | grant | |
| Porsche Cars North America, Inc. | Georgia | state | 2014 | $400,000 | grant | |
| Volkswagen Group | Florida | state | 2000 | $180,000 | tax credit/rebate | |
| Volkswagen | Virginia | state | 2009 | $109,251 | training reimbursement | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $106,800,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $95,500,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $60,300,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $49,500,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $48,900,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $40,000,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $36,000,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $34,300,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $31,000,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $17,800,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $17,800,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $17,800,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $15,800,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $15,700,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $15,100,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $13,300,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $11,100,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $11,100,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $10,500,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $10,300,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $10,300,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $10,300,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $10,300,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $10,200,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $10,100,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $10,100,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $10,100,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $10,100,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $10,100,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $10,100,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $10,100,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $10,100,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $10,100,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $10,100,000 | federal loan or loan guarantee | |
| Volkswagen Auto Lease Trust 2009-A | United States | federal | 2009 | $10,100,000 | federal loan or loan guarantee | |
| VOLKSWAGEN OF AMERICA INC | Michigan | local | 2007 | undisclosed | property tax abatement | |
| VOLKSWAGEN GROUP OF AMERICA,INC. | Michigan | local | 2011 | undisclosed | property tax abatement | |
| VOLKSWAGEN GROUP OF AMERICA,INC. | Michigan | local | 2011 | undisclosed | property tax abatement | |
| Volkswagen Grp. Of America | Tennessee | local | 2011 | undisclosed | property tax abatement | |
| Volkswagen Grp. Of America | Tennessee | local | 2011 | undisclosed | property tax abatement | |
| Volkswagen Grp. Of America | Tennessee | local | 2011 | undisclosed | property tax abatement | |
| VOLKSWAGEN GROUP OF AMERICA, INC. | Tennessee | local | 2012 | undisclosed | property tax abatement | |
| Volkswagen Grp. Of America | Tennessee | local | 2013 | undisclosed | property tax abatement | |
| Volkswagen Grp. Of America | Tennessee | local | 2013 | undisclosed | property tax abatement | |
| Volkswagen Grp. Of America | Tennessee | local | 2013 | undisclosed | property tax abatement | |
| Volkswagen Grp. Of America | Tennessee | local | 2013 | undisclosed | property tax abatement | |
| Volkswagen Grp. Of America Chattanooga | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| Volkswagen Grp. Of America Chattanooga | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| Volkswagen Grp. Of America Chattanooga | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| Volkswagen Grp. Of America Chattanooga | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| Volkswagen Grp. Of America Chattanooga | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| Volkwagen Group of America Chatt. Oper. | Tennessee | local | 2016 | undisclosed | property tax abatement | |
| Volkwagen Group of America Chatt. Oper. | Tennessee | local | 2016 | undisclosed | property tax abatement | |
| Volkwagen Group of America Chatt. Oper. | Tennessee | local | 2016 | undisclosed | property tax abatement | |
| Volkwagen Group of America Chatt. Oper. | Tennessee | local | 2016 | undisclosed | property tax abatement |
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