GM Helps Flood Victims In Korea
DETROIT - General Motors announced today on behalf of its employees an initial contribution of 29 million won (25,000 USD) to assist in flood relief efforts in South Korea. The most destructive storm in 40 years struck the South Korean peninsula over the Labor Day weekend. More than 100 people were killed, and the estimated damage cost has reached 3.3 billion (USD).
GM is encouraging its employees to help the flood victims through its disaster relief program - GM Global Aid. GM Global Aid was created to provide immediate assistance when disaster strikes any place in the world, and is accessible on the Internet 24 hours a day, 365 days a year at:
http://www.gm.com/company/gmability/philanthropy/global_aid/index.html
Visitors to the site may obtain up-to-the-minute news and information on the relief efforts and make monetary contributions to assist in the relief and rebuilding efforts in South Korea.
According to Nick Reilly, President and CEO designate of the newly formed GM Daewoo Auto and Technology Company, "Relief efforts like this are very much appreciated. It demonstrates that although the GM Daewoo transaction is not finalized, GM employees around the world regard GM Daewoo and South Korea as important parts of the GM family."
"The relief work in South Korea is being hindered by lack of equipment, and other resources, " said Rod Gillum, GM Foundation Chairman and GM Vice President, Corporate Relations and Diversity. "I encourage everyone to log onto the GM Global Aid Web site, and help the victims to rebuild their homes and lives."
Donations for the flood relief efforts will be securely received, processed and distributed to the United Way International. GM employees who make contributions will have their dollars matched, once the initial GM commitment has been exceeded. GM employees may also access GM Global Aid through GM's internal Web site.
Since its inception almost two years ago, GM Global Aid has facilitated the donation of more than $4 million to organizations worldwide. General Motors and the GM Foundation initiated the revolutionary disaster relief program in late 2000 so that GM employees and the American public could provide assistance with the click of a button.
General Motors , the world's largest vehicle manufacturer, designs, builds and markets cars and trucks worldwide, and has been the global automotive sales leader since 1931. GM employs about 355,000 people around the world. More information on GM can be found at www.gm.com.