Exhibit 99.1


Volkswagen Auto Loan Enhanced Trust 2003-2
MONTHLY SERVICER CERTIFICATE
For the collection period ended 5-27-2006		Data Current as of 6/2/2006 9:11:09 AM


A.	*DATES*	Begin	End	# days

1	Determination Date		6/16/2006

2	Payment Date		6/20/2006

3	Collection Period	4/30/2006	5/27/2006	28

4	Monthly Interest Period - Actual/360	5/22/2006	6/19/2006	29

5	Monthly Interest - 30/360			30

B. SUMMARY


		*Initial Balance*			*Beginning Balance*		*Principal Payment*		*Ending Balance*			*Note Factor*
6	Class A-1 Notes		269,000,000.00			—		—		—			—
7	Class A-2 Notes		345,000,000.00			—		—		—			—
8	Class A-3 Notes		368,000,000.00			73,128,039.45		20,809,511.91		52,318,527.54			0.1421699
9	Class A-4 Notes		279,315,000.00			279,315,000.00		—		279,315,000.00			1.0000000
10	Class B Notes		29,033,164.85			29,033,164.85		—		29,033,164.85			1.0000000

11	Total Securities	$	1,290,348,164.85		$	381,476,204.30	$	20,809,511.91	$	360,666,692.39



12	Net Pool Balance	$	1,354,290,044.71		$	396,041,461.69			$	374,213,930.97


							*Per $1000*		*Principal & Interest*		*Per $1000*
		*Coupon Rate*			*Interest Pmt Due*		*Face Amount*		*Payment Due*		*Face Amount*

13	Class A-1 Notes		1.1456	%		—		—		—			—
14	Class A-2 Notes		1.5500	%		—		—		—			—
15	Class A-3 Notes		2.2700	%		138,333.87		1.8916667		20,947,845.78			286.4543606
16	Class A-4 Notes		2.9400	%		684,321.75		2.4500000		684,321.75			2.4500000

	Total Securities					822,655.62				21,632,167.53


C.	*COLLECTIONS AND AVAILABLE FUNDS*

17	Scheduled Principal Payments Received	14,717,711.64
18	Scheduled Interest Payments Received	930,276.74
19	Prepayments of Principal Received	87,948.25
20	Liquidation Proceeds	6,825,125.14
21	Recoveries Received	137,698.69
22	Other Payments Received to Reduce Principal	—

23	Subtotal: Total Collections	22,698,760.46

24	Repurchased Receivables	—
25	Reserve Account Excess Amount (Item 85)	39,672.59

26	Total Available Funds, prior to Servicer Advances	22,738,433.05

27	Servicer Advance (Item 68)	—

28	Total Available Funds + Servicer Advance	22,738,433.05

29	Reserve Account Draw Amount (Item 71)	—

30	Total Available Funds + Servicer Advance and Reserve Account Draw Amount	22,738,433.05


D.	*DISTRIBUTIONS*

	Distribution Summary:
31	Prior Advance Reimbursement (Item 74)	—
32	Servicing Fees (Item 38)	317,896.84
33	Class A Noteholder Interest (Item 47)	822,655.62
34	Principal Distribution Amount (Item 72)	20,809,511.91
35	Amount Paid to Reserve Account to Reach Specified Balance	—
36	Other Amounts Paid to Trustees	—

37	Remaining Funds to Certificateholder	788,368.68

Volkswagen Auto Loan Enhanced Trust 2003-2

MONTHLY SERVICER CERTIFICATE

For the collection period ended 5-27-2006

PAGE 2


	Distribution Detail:	Due		Shortfall			Paid

38	Servicing Fees		317,896.84		—			317,896.84


	Pro rata:
39	Class A-1 Interest		—		—			—
40	Class A-2 Interest		—		—			—
41	Class A-3 Interest		138,333.87		—			138,333.87
42	Class A-4 Interest		684,321.75		—			684,321.75
43	Class A-1 Interest Carryover Shortfall		—		—			—
44	Class A-2 Interest Carryover Shortfall		—		—			—
45	Class A-3 Interest Carryover Shortfall		—		—			—
46	Class A-4 Interest Carryover Shortfall		—		—			—

47	Class A Noteholder Interest		822,655.62		—			822,655.62


E.	*CALCULATIONS*

	Calculation of Principal Distribution Amount:
48	Beginning Note Balance - All Classes							381,476,204.30
49	Beginning Net Pool Balance				396,041,461.69
50	Receipts of Scheduled Principal				(14,717,711.64	)
51	Receipts of Prepaid Principal				(87,948.25	)
52	Liquidation Proceeds				(6,825,125.14	)
53	Other Collections of Principal				—
54	Principal Amount of Repurchases				—
55	Principal Amount of Defaulted and Terminated Receivables				(196,745.96	)

56	Ending Net Pool Balance				374,213,930.97
57	Yield Supplement Overcollateralization Amount				13,547,238.58

58	Adjusted Pool Balance				360,666,692.39
59	Less: Adjusted Pool Balance - End of Collection Period							360,666,692.39

60	Calculated Principal Distribution Amount							20,809,511.91


	Calculation of Servicer Advance:
61	Available Funds, prior to Servicer Advances (Item 26)							22,738,433.05
62	Less: Prior Advance Reimbursement (Item 31)							—
63	Less: Servicing Fees Paid (Item 32)							317,896.84
64	Less: Interest Paid to Noteholders (Item 33)							822,655.62
65	Less: Calculated Principal Distribution (Item 60)							20,809,511.91

66	Equals: Remaining Available Funds before Servicer Advance							788,368.68
67	Monthly Loan Payments Due on Included Units but not received (N/A if Item 66 > 0)							N/A

68	Servicer Advance (If Item 66 < 0, lesser of Item 66 and Item 67, else 0)							—


	Calculation of Reserve Account Draw Amount:
69	Remaining Available Funds, before Reserve Account Draw (Item 66 plus Item 68)							788,368.68
70	Available Funds Shortfall Amount (If Item 69 < 0, Item 69, else 0)							—

71	Reserve Account Draw Amount (If Item 70 is > 0, Lesser of Reserve Acct Balance and Item 70)							—



72	Principal Distribution Amount (Item 60 - Available Funds Shortfall + Reserve Account Draw Amt)							20,809,511.91


	Reconciliation of Servicer Advance:
73	Beginning Balance of Servicer Advance							—
74	Less: Prior Advance Reimbursement							—
75	Plus: Additional Payment Advances for Current Period							—

76	Ending Balance of Payment Advance							—

Volkswagen Auto Loan Enhanced Trust 2003-2

MONTHLY SERVICER CERTIFICATE

For the collection period ended 5-27-2006

PAGE 3


F.	*RESERVE ACCOUNT*

	Reserve Account Balances:
77	Specified Reserve Account Balance						9,677,611.24
78	Initial Reserve Account Balance						6,451,740.82

79	Beginning Reserve Account Balance						9,677,611.24
80	Plus: Net Investment Income for the Collection Period						39,672.59

81	Subtotal: Reserve Fund Available for Distribution						9,717,283.83
82	Plus: Deposit of Excess Available Funds (Item 35)						—
83	Less: Reserve Account Draw Amount (Item 71)						—

84	Subtotal Reserve Account Balance						9,717,283.83
85	Less: Reserve Account Excess Amount to Available Funds (If Item 84 > Item 77)						39,672.59

86	Equals: Ending Reserve Account Balance						9,677,611.24


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


G.	*POOL STATISTICS*

	Collateral Pool Balance Data:	*Initial*			*Current*

88	Net Pool Balance		1,354,290,045				374,213,931
89	Number of Current Contracts		68,917				42,639
90	Weighted Average Loan Rate		3.27	%			3.06	%
91	Average Remaining Term		56.1				25.4
92	Average Original Term		58.3				59.6


						*Outstanding*
	Net Credit Loss and Repossession Activity:	*Units*				*Principal Balance*

93	Aggregate Outstanding Principal Balance of Charged Off Receivables		19				196,746
94	Liquidation Proceeds on Related Vehicles						—
95	Recoveries Received on Receivables Previously Charged Off						137,699

96	Net Principal Losses for Current Collection Period		19				59,047

97	Beginning Net Principal Losses		730				5,521,323
98	Net Principal Losses for Current Collection Period		19				59,047

99	Cumulative Net Principal Losses		749				5,580,370


							*Outstanding*
	Delinquencies Aging Profile - End of Period:	*Percentage*			*Units*			*Principal Balance*

100	Current		99.24	%		42,361		371,372,418
101	31 - 60 Days Delinquent		0.68	%		251		2,562,348
102	61 - 90 Days Delinquent		0.07	%		27		279,164

103	Total		100.00	%		42,639		374,213,931

VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2003-2 8-K