The company announced today that it would be donating $200,000 to the New Zealand American Association, who is to use the money to support the Christchurch Earthquake Relief Fund. The money will come from Holden through the GM Foundation, the philanthropic arm of the American manufacturer.
“We pride ourselves on helping out in times of need and we sincerely hope that this Foundation contribution will aid in the recovery effort for the people of Canterbury,' said Simon Carr, Holden New Zealand director.
A week ago, a 6.3-magnitude earthquake hit Christchurch, leaving over 150 people dead and a city in ruin. For some reason, last week's quake was much more severe than the bigger 7.1-magnitude one which hit the region last September. Early estimates put the damage brought by the quake at $3 billion.
And the outlook is not at all encouraging. According to at least one scientist, GNS Science geological hazard modeler Matt Gerstenberger, the Christchurch region will be hit by at least one 4-magnitude quake every month; the possibility of a new quake of above 6-magnitude is, however, small.
“The GM Foundation’s commitment to improving the quality of life for communities and families knows no time zones nor geographic boundaries,” added John T. Montford, GM Foundation chairman.
“We believe the GM Foundation can make a real difference in the lives of many who are enduring difficult circumstances.”
Google News