Volkswagen of America is a subsidiary of Volkswagen AG and was founded in 1955six years after Volkswagen's popular Beetle showed up on U.S. shores. Since that first Beetle was sold, more than ten million VWs have been sold in the U.S. Volkswagen of America is the top-selling European automobile importer in the U.S., and Volkswagen AG also owns Audi, Bentley Motors and Bugatti, among others.