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Bmw Group Donates $1 Million
*******>| BMW GROUP DONATES $1 MILLION TO AMERICAN RED CROSS TO AID VICTIMS OF HURRICANE KATRINA | | ********> *******>| | |
| Woodcliff Lake, NJ - September 7, 2005... The BMW Group has pledged a donation of $1 million to the American Red Cross Disaster Relief Fund to aid the victims of Hurricane Katrina. In addition to that contribution, each of the BMW companies based in the U.S. will match employee contributions. There are more than 7,000 employees based in BMW companies in the U.S. BMW Financial Services is working with customers individually to develop extended payment plans to its BMW and MINI customers. Additionally, many other relief efforts are underway, organized by various employees, departments and divisions of BMW in the U.S.
"Our hearts go out to all those who have been adversely affected by this disaster and we want to offer financial assistance, in addition to our thoughts and prayers," said Tom Purves, chairman and CEO of BMW (US) Holding Corp.
BMW AG, with worldwide headquarters in Munich, Germany, has multiple business units in the U.S., including BMW of North America, LLC, Woodcliff Lake, NJ; BMW Manufacturing Co., Spartanburg, SC, BMW Financial Services, Dublin, OH, Woodcliff Lake, NJ and Salt Lake City; DesignworksUSA, Newbury Park, CA and Rolls-Royce Motor Cars, Ltd. , Woodcliff Lake, NJ. MINI USA, is a division of BMW of North America, LLC and located in Woodcliff Lake, NJ.
| ********> | | Reply » Bmw Group Donates $1 Million |
That's really cool! I haven't heard of any other car manufacturer stepping up to the plate like that. 
| | Reply » Bmw Group Donates $1 Million |
saw it on their website, they are also matching any employee who donates money, so if an employee donates 100 dollars BMW will match it, i like BMW.
| | Reply » Bmw Group Donates $1 Million |
Quote: | Has Big Oil Donated Anything Yet? | Among the many countries that pledged financial help, the top donors are OPEC countries (in the hundreds of millions of dollars). At the bottom of the list is Georgia (I think), with a pledge of US$6,000.
| | Reply » Bmw Group Donates $1 Million |
Quote: | Has Big Oil Donated Anything Yet? |
Exxon-Mobil made about 8 billion dollars profit last quarter. so far, they have contributed $7mil to the cause, less than 1/1000th of their Q2 profits.
so if you make $100,000/yr, maybe you take home after taxes about 60k, or $15,000 a quarter. to match XOM's generosity, you would have to dig deep into your pockets to the tune of about 13 dollars. 
wal-mart earned about $3 billion last quarter, and has given around $20 million to katrina victims... that's about $107 to a guy making 100k/yr.
should i be impressed? 
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Bmw Group Donates $1 Million