This warranty is a big upgrade over Volkswagen's previous warranty, which was bumper-to-bumper only for 3 years or 36,000 miles. The 3-year/36,000-mile coverage is also used by Ford, Honda, Subaru, Toyota, General Motors, Mazda and Fiat-Chrysler. Those brands do include a 5-year/60,000-mile powertrain warranty, which still doesn't match VW.
The only companies that come close to Volkswagen's warranty are Hyundai, Kia and Mitsubishi. Each company has a 5-year/60,000-mile bumper-to-bumper warranty, which is lower than VW's, but they also come with 10-year/100,000-mile powertrain warranties, meaning the engines and transmissions will be covered longer. Kia and Hyundai's warranty takes a hit with resale, though. If the owner of a Kia or Hyundai sells the car, the powertrain warranty only partially transfers, with the new owner getting just 5 years or 60,000 miles. Volkswagen's warranty is fully transferable to an owner purchasing the car used. Mitsubishi's warranties also fully transfer.