In the wake of devastation caused by Hurricane Sandy, American Honda today announced a pledge of $500,000 to the American Red Cross - Disaster Relief Fund, for use during humanitarian relief and recovery efforts in areas affected by the storm.The Honda donation consists of cash as well as Honda products including portable generators and water pumps for use in the relief and rebuilding efforts. A special company fund will match its associates' personal contributions to the Red Cross on a dollar-for-dollar basis at various Honda companies. This donation represents the collective contribution of the Honda family of companies and its associates in the U.S. and Canada, which consists of sales, manufacturing, finance and research and development operations, with more than 33,000 associates.
In addition, Honda Financial Services is instituting a number of measures to provide relief to customers directly affected by the storm, including temporary adjustments to policies on fee payments, late credit bureau reporting, extensions of loan payments, waivers of late charges and other services when appropriate. Honda has been in close communication with the Red Cross regarding its need for material and equipment. The company has a longstanding relationship with the Red Cross and has supported the emergency relief organization in previous disaster relief efforts through cash, product and in-kind donations.
In addition, Honda Financial Services is instituting a number of measures to provide relief to customers directly affected by the storm, including temporary adjustments to policies on fee payments, late credit bureau reporting, extensions of loan payments, waivers of late charges and other services when appropriate. Honda has been in close communication with the Red Cross regarding its need for material and equipment. The company has a longstanding relationship with the Red Cross and has supported the emergency relief organization in previous disaster relief efforts through cash, product and in-kind donations.
