Toyota and GM are contributing directly to relief efforts for Hurricane Katrina victims.
Toyota-affiliated companies are contributing $5,000,000 in direct aid. Toyota itself is providing $2,000,000. Friedkin Companies, the owner of Gulf States Toyota, is contributing another $2,000,000. And Southeast Toyota Distributors is pledging another $1,000,000.
Additionally, Toyota is offering a 90-day extension on finance and lease payments to customers affected by the storm. Toyota is also fully matching employee donations to the American Red Cross, the Salvation Army and the Friedkin Disaster Relief Fund.
The GM Foundation and GMAC have made a combined immediate cash donation of $400,000. The GM Foundation has pledged up to an additional $250,000 in matching funds for contributions made to the Hurricane 2005 Relief Fund by GM and GMAC employees through the company’s Global Aid Disaster Relief website.
Ford Motor Company is offering customers affected by Hurricane Katrina the opportunity to defer up to two vehicle payments.
Update 1: Chrysler Group’s philanthropic arm, the DaimlerChrysler Corporation Fund, along with DaimlerChrysler Services, Mercedes-Benz USA, and Freightliner, today announced a joint commitment of $1.1 million in response to Hurricane Katrina.
Isuzu Motors America, Inc., announced that it will match all donations made by its employees to the American Red Cross for support of Hurricane Katrina relief efforts.