Friday, May. 31, 2013, 01:56 AM UPDATED 2:36 AMBy Auto Remarketing Staff
COSTA MESA, Calif. -
Captive finance companies, OEMs and more have the victims of the recent Oklahoma tornadoes top of mind, as reports of relief efforts continue to flow in.
Hyundai Motor American revealed it is committing $200,000 to Oklahoma tornado relief efforts through a donation to the American Red Cross.
"The massive devastation caused by last week's tornado in Oklahoma calls for wide-scale recovery efforts and Hyundai pledges to do its part," said John Krafcik, president and chief executive officer of Hyundai Motor America.
"Our thoughts are with the entire state of Oklahoma and especially those who lost loved ones. We commend everyone on the ground providing tireless efforts to help affected families and we hope this donation will aid in supporting their ongoing work,” he continued.
And VW Credit Inc., the captive finance partner of Volkswagen and Audi in the U.S., and the Volkswagen Credit South Central Region have donated $10,000 to the Automobile Dealers’ Association Car Dealers Care Foundation.
Officials explained this donation will provide direct financial assistance to multiple Volkswagen Group dealer employees impacted by the Oklahoma storm.
“The Car Dealers Care Foundation will provide immediate and tangible benefit to our employees,” said Andrew Stuart, president and CEO, VCI Credit Inc. “Therefore, we are pleased to be able to donate $10,000 to the foundation to aid in the recovery from these devastating storms.”
On top of the allotment for dealership employees, The Volkswagen of America Foundation made a donation of $250,000 to the American Red Cross and Habitat for Humanity to assist with the disaster relief efforts in Oklahoma.
This donation will help cover costs of shelter, food, recovery and other assistance to families affected by the tornadoes.
VW of America is also matching funds to any employee donations made to the American Red Cross, Habitat for Humanity or the organization of their choosing.
Lastly, dealer solution company HookLogic is offering discounts and help for dealers in affected areas whose businesses were damaged by the tornadoes.
The company explained they will offset the monthly fees and incentives for the next three months for these parties.
“If your Oklahoma-based dealership isn’t directly affected, you can pass these savings along to the most appropriate local charity that needs it the most,” officials added.
“We know how greatly this tragedy is impacting our customers and industry friends. We commend those that have stepped up to help those impacted by the tornadoes, and hope that this support effort proves helpful to those of you that may have been affected,” they continued.