Volkswagen de México

Volkswagen de México S.A. de C.V. (Sociedad Anónima de Capital Variable) is a subsidiary of the Volkswagen Group. It operates the North American plant of the Volkswagen Group and the leasing company Volkswagen Leasing S.A. de C.V. and Volkswagen Bank S.A. Institucion de Banca Multiple, based in Puebla.[1]

Its headquarters are in Puebla, where the administration is located, and the largest Volkswagen plant in the country (14,608 employees, area: 3,000,000 m²). Another production site opened on January 15, 2013 in Silao (at Guanajuato)[2][3] with 577 employees[4] and an area of 600,000 m². It was Volkswagen's 100th production plant.[5] In 2004, another MAN Latin America Indústria e Comércio de Veiculos Ltda factory opened in Querétaro that manufactures VW products (i.e: Volksbus) to a lesser extent.[6]

The company was founded in 1964[7] and has about 16,400 employees. The first automobiles ran off the line in 1967. The VW plant is the largest employer of the city of Puebla. In the plant, the Volkswagen Beetle was built until 2003. The Puebla plant produces now the models: Jetta, Golf, Golf SportWagen and Tiguan Long Version.

Volkswagen de México was the third largest car producer in Mexico behind General Motors and Nissan in 2007.[8]