Exhibit 99.1

Volkswagen Auto Loan Enhanced Trust 2008-2
MONTHLY SERVICER CERTIFICATE


For the collection period ended 1-29-2011		PAGE 1

DATES

Begin

End

# days

Determination Date

2/17/2011

Payment Date

2/22/2011

Collection Period

1/1/2011

1/29/2011

Monthly Interest Period — Actual/360

1/20/2011

2/21/2011

Monthly Interest - 30/360

SUMMARY


		Initial Balance		Beginning Balance		Principal Payment		Ending Balance		Note Factor
6	Class A-1 Notes		222,000,000.00		—		—		—		—
7	Class A-2-A Notes		169,000,000.00		—		—		—		—
8	Class A-2-B Notes		50,000,000.00		—		—		—		—
9	Class A-3-A Notes		246,000,000.00		135,205,002.95		13,750,787.68		121,454,215.26		0.4937163
10	Class A-3-B Notes		130,000,000.00		71,449,798.30		7,266,676.42		64,183,121.89		0.4937163
11	Class A-4-A Notes		183,000,000.00		183,000,000.00		—		183,000,000.00		1.0000000

12	Total Securities	$	1,000,000,000.00	$	389,654,801.25	$	21,017,464.10	$	368,637,337.15


13	Overcollateralization		58,193,871.91		58,193,871.91				58,193,871.91

14	Adjusted Pool Balance		1,058,193,871.91		447,848,673.16		21,017,464.10		426,831,209.06

15	YSOC	$	147,399,955.01	$	51,969,397.17			$	49,201,638.93

16	Net Pool Balance	$	1,205,593,826.92	$	499,818,070.33	$	21,017,464.10	$	476,032,847.99


							Per $1000		Principal& Interest		Per $1000
		Coupon Rate			Interest Pmt Due		Face Amount		Payment Due		Face Amount
17	Class A-1 Notes		2.35775	%		—		—		—		—
18	Class A-2-A Notes		4.79000	%		—		—		—		—
19	Class A-2-B Notes		3.76063	%		—		—		—		—
20	Class A-3-A Notes		5.47000	%		616,309.47		4.5583333		14,367,097.15		106.2615794
21	Class A-3-B Notes		4.26063	%		279,052.72		3.9055775		7,545,729.14		105.6088236
22	Class A-4-A Notes		6.24000	%		951,600.00		5.2000000		951,600.00		5.2000000

	Total Securities					1,846,962.19				22,864,426.29


C.		COLLECTIONS AND AVAILABLE FUNDS

	23	Scheduled Principal Payments Received	14,656,389.51
	24	Scheduled Interest Payments Received	1,681,535.62
	25	Prepayments of Principal Received	158,457.12
	26	Liquidation Proceeds	7,877,721.64
	27	Recoveries Received	509,827.23
	28	Other Payments Received to Reduce Principal

	29	Subtotal: Total Collections	24,883,931.12

	30	Repurchased Receivables	—
	31	Net Swap Receipt Class A-2 B Notes	—
	32	Net Swap Receipt Class A-3 B Notes	—
	33	Swap Replacements Proceeds
	34	Reserve Account Excess Amount (Item 93)	485.38

	35	Total Available Funds, prior to Servicer Advances	24,884,416.50

	36	Servicer Advance (Item 76)	—

	37	Total Available Funds + Servicer Advance	24,884,416.50

	38	Reserve Account Draw Amount (Item 79)	—

	39	Total Available Funds + Servicer Advance and Reserve Account Draw Amount	24,884,416.50


D.		DISTRIBUTIONS

		Distribution Summary:
	40	Prior Advance Reimbursement (Item 82)	—
	41	Servicing Fees (Item 46)	416,515.06
	42	Net Swap Payment Class A-2 B Notes	—
	43	Net Swap Payment Class A-3 B Notes	80,280.22
	44	Senior Swap Termination Payment (paid pro rata with Class A Noteholder Interest payment)	—
	45	Class A Noteholder Interest (Item 55 - paid pro rata with Senior Swap Termination Payment)	1,846,962.19
	46	Principal Distribution Amount (Item 80)	21,017,464.10
	47	Amount Paid to Reserve Account to Reach Specified Balance	—
	48	Subordinated Swap Termination Payments	—
	49	Other Amounts Paid to Trustees	—
	50	Certificateholders Principal Distribution Amount	—

	51	Remaining Funds to Seller	1,523,194.94

PAGE 2


	Distribution Detail:	Due		Shortfall		Paid

52	Servicing Fees		416,515.06		—		416,515.06


	Pro rata:
53	Class A-1 Interest		—		—		—
54	Class A-2A Interest		—		—		—
55	Class A-2B Interest		—		—		—
56	Class A-3A Interest		616,309.47		—		616,309.47
57	Class A-3B Interest		279,052.72		—		279,052.72
58	Class A-4 Interest		951,600.00		—		951,600.00
59	Class A-1 Interest Carryover Shortfall		—		—		—
60	Class A-2A Interest Carryover Shortfall		—		—		—
61	Class A-2B Interest Carryover Shortfall		—		—		—
62	Class A-3A Interest Carryover Shortfall		—		—		—
63	Class A-3B Interest Carryover Shortfall		—		—		—
64	Class A-4 Interest Carryover Shortfall		—		—		—

65	Class A Noteholder Interest		1,846,962.19		—		1,846,962.19


E.		CALCULATIONS

		Calculation of Principal Distribution Amount:
	66	Beginning Adjusted Pool Balance			447,848,673.16
	67	Beginning Net Pool Balance	499,818,070.33
	68	Receipts of Scheduled Principal	(14,656,389.51	)
	69	Receipts of Prepaid Principal	(158,457.12	)
	70	Liquidation Proceeds	(7,877,721.64	)
	71	Other Collections of Principal	—
	72	Principal Amount of Repurchases	—
	73	Principal Amount of Defaulted Receivables	(1,092,654.07	)

	74	Ending Net Pool Balance	476,032,847.99
	75	Yield Supplement Overcollateralization Amount	49,201,638.93

	76	Adjusted Pool Balance	426,831,209.06
	77	Less: Adjusted Pool Balance — End of Collection Period			426,831,209.06

	78	Calculated Principal Distribution Amount			21,017,464.10


		Calculation of Servicer Advance:
	79	Available Funds, prior to Servicer Advances (Item 30)			24,884,416.50
	80	Less: Prior Advance Reimbursement (Item 35)			—
	81	Less: Servicing Fees Paid (Item 36)			416,515.06
	82	Less: Interest Paid to Noteholders and Swap Counterparties (Items 37, 38 and 39)			1,846,962.19
	83	Less: Calculated Principal Distribution (Item 68)			21,017,464.10

	84	Equals: Remaining Available Funds before Servicer Advance			1,603,475.15
	85	Monthly Loan Payments Due on Included Units but not received (N/A if Item 74 > 0)			N/A

	86	Servicer Advance (If Item 74 < 0, lesser of Item 74 and Item 75, else 0)			—


		Calculation of Reserve Account Draw Amount:
	87	Remaining Available Funds, before Reserve Account Draw (Item 74 plus Item 76)			1,603,475.15
	88	Available Funds Shortfall Amount (If Item 77 < 0, Item 77, else 0)			—

	89	Reserve Account Draw Amount (If Item 78 is > 0, Lesser of Reserve Acct Balance and Item 78)			—



	90	Principal Distribution Amount (Item 68 - Available Funds Shortfall + Reserve Account Draw Amt)			21,017,464.10


		Reconciliation of Servicer Advance:
	91	Beginning Balance of Servicer Advance			—
	92	Less: Prior Advance Reimbursement			—
	93	Plus: Additional Servicer Advances for Current Period			—

	94	Ending Balance of Servicer Advance			—


F.		RESERVE ACCOUNT

		Reserve Account Balances:
	95	Specified Reserve Account Balance (Lesser of (a) $5,290,969.36, and (b) the aggregate note balance)	5,290,969.36
	96	Initial Reserve Account Balance	1,058,193.87

	97	Beginning Reserve Account Balance	5,290,969.36
	98	Plus: Net Investment Income for the Collection Period	485.38

	99	Subtotal: Reserve Fund Available for Distribution	5,291,454.74
	100	Plus: Deposit of Excess Available Funds (Item 41)	—
	101	Less: Reserve Account Draw Amount (Item 79)	—

	102	Subtotal Reserve Account Balance	5,291,454.74
	103	Less: Reserve Account Excess Amount to Available Funds (If Item 92 > Item 85)	485.38

	104	Equals: Ending Reserve Account Balance	5,290,969.36

	105	Change in Reserve Account Balance from Immediately Preceding Payment Date	—

PAGE 3


G.		POOL STATISTICS
		Collateral Pool Balance Data:	Initial			Current
	106	Net Pool Balance		1,205,593,826.92			476,032,848
	107	Number of Current Contracts		58,057			41,349
	108	Weighted Average Loan Rate		3.97	%		4.14	%
	109	Average Remaining Term		57.3			34.8
	110	Average Original Term		61.8			64.8
	111	Monthly Prepayment Rate					1.12	%


				Outstanding
		Units		Principal Balance
	Net Credit Loss and Repossession Activity:
112	Aggregate Outstanding Principal Balance of Charged Off Receivables		65		1,092,654.07
113	Liquidation Proceeds on Related Vehicles				—
114	Recoveries Received on Receivables Previously Charged Off				509,827

115	Net Principal Losses for Current Collection Period		65		582,826.84


116	Beginning Net Principal Losses		1,589		18,222,067.80
117	Net Principal Losses for Current Collection Period		65		582,826.84

118	Cumulative Net Principal Losses		1,654		18,804,894.64

119	Cumulative Net Loss Ratio (Cumulative Net Principal Losses divided by $1,205,593,826.92)				1.56	%


							Outstanding
		Percentage			Units		Principal Balance
	Delinquencies Aging Profile — End of Period:
120	Current		98.19	%		40,779		467,396,839.40
121	31 - 60 Days Delinquent		1.53	%		487		7,297,840.78
122	61 - 90 Days Delinquent		0.28	%		83		1,338,167.81

123	Total		100.00	%		41,349		476,032,847.99


	Summary of Swap Payments and Receipts
	Receipts:
124	Net Swap Receipt Class A-2 B Notes							—
125	Net Swap Receipt Class A-3 B Notes							—
126	Swap Replacements Proceeds							—

127	Total Receipts							—


	Payments
128	Net Swap Payment Class A-2 B Notes							—
129	Net Swap Payment Class A-3 B Notes							80,280.22
130	Senior Swap Termination Payment							—
131	Subordinated Swap Termination Payments							—

132	Swap Termination Payment							—


	Summary of Material Modifications, Extensions or Waivers

	None in the current month

	Summary of Material Breaches of Representations or Warranties Related to Eligibility Criteria

	None in the current month

	Summary of Material Breaches by the Issuer of Transaction Covenants

	None in the current month

	Summary of Material Changes in Practices With respect to Charge-Offs, Collections and Management of Delinquent Receivables and the Effect of any Grace Period, Re-Aging, Re-Structuring, Partial Payments or Other Practices on Delinquency and Loss Experience

	None in the current month

Volkswagen Auto Loan Enhanced Trust 2008-2 10-D