~~Table~~UNITED ofSTATES SECURITIES ~~Contents~~AND EXCHANGE COMMISSION

~~UNITED~~450 ~~STATES SECURITIES~~Fifth ~~AND~~Street, ~~EXCHANGE~~N.W. Washington, ~~COMMISSION~~D.C. 20549

~~450~~FORM ~~Fifth Street, N.W.~~8-K ~~Washington, D.C. 20549~~

~~FORM~~CURRENT ~~8-K~~REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

~~CURRENT~~ Date ~~REPORT~~of Report (Date of earliest event reported): January 20, 2009

~~Pursuant~~Volkswagen toPublic ~~Section 13~~Auto orLoan ~~15(d)~~Securitization, ofLLC ~~The~~Volkswagen ~~Securities~~Auto ~~Exchange~~Loan ~~Act~~Enhanced ofTrust ~~1934~~2005-1

~~Date of Report~~ (~~Date~~Exact Name of ~~earliest~~Registrant ~~event~~as ~~reported):~~Specified ~~June 20,~~in ~~2007~~Charter)

Volkswagen Public Auto Loan Securitization, LLC Volkswagen Auto Loan Enhanced Trust 2003-2


Delaware	333-103709 333-103709-03	83-0349353 20-6706266

(State or other jurisdiction of Incorporation)	(Commission File Number)	(Registrants’ IRS Employer Id. Nos.)

~~(Exact~~ 2200 ~~Name~~Ferdinand Porsche Drive, Herndon, Virginia 20171 (Address of ~~Registrant~~Principal asExecutive ~~Specified~~Offices) in(Zip ~~Charter~~Code)

	333-103709	83-0349353
Delaware	333-103709-02	43-6903059
(State or other jurisdiction	(Commission File Number)	(Registrants’ IRS
of Incorporation)		Employer Id. Nos.)

Registrant’s telephone number, including area code: (703) 364-7000

~~3800~~ N/A (Former ~~Hamlin~~Name ~~Road,~~or ~~Auburn~~Former ~~Hills~~Address, ~~Michigan~~if ~~48326 (Address~~Changed ofSince ~~Principal~~Last ~~Executive Offices~~Report) ~~(Zip Code)~~

~~Registrant’s~~Check ~~telephone~~the ~~number,~~appropriate ~~including~~box ~~area~~below ~~code:~~if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (~~248~~see General Instruction A.2. below) ~~754-5000~~:

~~Not~~o ~~Applicable~~Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

~~(Former~~o ~~Name~~Soliciting ormaterial ~~Former~~pursuant ~~Address,~~to ifRule ~~Changed~~14a-12 ~~Since~~under ~~Last~~the ~~Report~~Exchange Act (17 CFR 240.14a-12)

~~Check~~o ~~the appropriate box below if the Form 8~~Pre-Kcommencement ~~filing~~communications ispursuant ~~intended~~ to ~~simultaneously~~Rule ~~satisfy~~14d-2(b) ~~the filing obligation of the registrant~~ under ~~any of~~ the ~~following~~Exchange ~~provisions~~Act (~~see~~17 ~~General~~CFR ~~Instruction A~~240.14d-2~~. below~~(b): )

o ~~Written~~Pre-commencement communications pursuant to Rule ~~425~~13e-4(c) under the ~~Securities~~Exchange Act (17 CFR ~~230~~240.~~425~~13e-4(c))

oItem ~~Soliciting~~8.01 ~~material~~Other ~~pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240~~Events.~~14a-12)~~

o On ~~Pre-commencement~~January 20, ~~communications~~2009, ~~pursuant~~Citibank, N.A., as indenture trustee, made the monthly payment to ~~Rule~~the noteholders, ~~14d~~as indicated in the Servicer Certificate relating to Volkswagen Auto Loan Enhanced Trust 2005-~~2(b)~~1. ~~under~~A copy of this Servicer Certificate, which relates to the ~~Exchange~~January 20, ~~Act~~2009 monthly payment ~~(17~~and ~~CFR~~the ~~240~~Collection Period ended December 27, 2008, provided to Citibank, N.~~14d-2(b))~~A., as indenture trustee, is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

oItem ~~Pre-commencement~~9.01 ~~communications~~Financial ~~pursuant~~Statements toand ~~Rule 13e-4(c) under the Exchange Act (17 CFR 240~~Exhibits.~~13e-4(c))~~

~~TABLE~~(a) Not OFapplicable. (b) Not ~~CONTENTS~~applicable. (c) Not applicable. (d) Exhibits.

	Item 8.01 Other Events.
	Item 9.01 Financial Statements and Exhibits.
Exhibit Index
VALET 2003-2 Servicer Certificate for the Collection Period ended May 26, 2007


Exhibit 99.1		Volkswagen Auto Loan Enhanced Trust 2005-1 Servicer Certificate for the Collection Period ended December 27, 2008 provided to Citibank, N.A., as indenture trustee. (Filed with this report.)

~~Table~~ Pursuant to the requirements of ~~Contents~~the Securities Exchange Act of 1934, the Co-Registrants have duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized on the date indicated.

Item 8.01 Other Events.


Dated: January 20, 2009	Volkswagen Public Auto Loan Securitization, LLC
	By:	/s/ Dennis Tack
		Dennis Tack
		Controller

	Volkswagen Auto Loan Enhanced Trust 2005-1
	By:	VW Credit, Inc. as Administrator

	By:	/s/ Dennis Tack
		Dennis Tack
		Controller

On June 20, 2007, The Bank of New York, as indenture trustee, made the monthly payment to the noteholders, as indicated in the Servicer Certificate relating to Volkswagen Auto Loan Enhanced Trust 2003-2. A copy of this Servicer Certificate, which relates to the June 20, 2007 monthly payment and the Collection Period ended May 26, 2007, provided to The Bank of New York, as indenture trustee, is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(a) Not applicable. (b) Not applicable. (c) Not applicable. (d) Exhibits.

Exhibit 99.1 Volkswagen Auto Loan Enhanced Trust 2003-2 Servicer Certificate for the Collection Period ended May 26, 2007 provided to The Bank of New York, as indenture trustee. (Filed with this report.)

Pursuant to the requirements of the Securities Exchange Act of 1934, the Co-Registrants have duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized on the date indicated.

Dated: June 20, 2007	Volkswagen Public Auto Loan Securitization, LLC
	By:	/s/	Timothy J. Flaherty
			Timothy J. Flaherty
			Assistant Treasurer
	Volkswagen Auto Loan Enhanced Trust 2003-2 By: VW Credit, Inc. as Administrator
	By:	/s/	Timothy J. Flaherty
			Timothy J. Flaherty
			Assistant Treasurer

Exhibit Index

Exhibit No.		Description of Exhibit
Exhibit 99.1		Volkswagen Auto Loan Enhanced Trust 2003-2 Servicer Certificate for the Collection Period ended May 26, 2007 provided to The Bank of New York, as indenture trustee. (Filed with this report.)

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