Volkswagen de México S.A. de C.V. (Sociedad Anónima de Capital Variable) is the Mexican subsidiary of Volkswagen Group. It operates the Mexican plants of Volkswagen Group and the leasing company Volkswagen Leasing S.A. de C.V., and Volkswagen Bank S.A. Institución de Banca Múltiple. The company is headquartered in Puebla (city).[1]
Aside from the location of the administrative headquarters, the city of Puebla is also the home to the largest Volkswagen plant in the country (14,608 employees, area: 3,000,000 m2). The company opened a smaller 600,000 m² and 577-employee production site opened on January 15, 2013 in Silao, Guanajuato.[2][3] The Silao plant was Volkswagen's 100th production plant worldwide.[4] In 2004, a MAN Latin America Indústria e Comércio de Veículos Ltda factory opened in Querétaro which manufactures VW products (e.g., Volksbus) to a lesser extent.[5]