DEARBORN, Sept. 2, 2005 - Hurricane Katrina is being described as the
worst national disaster since the San Francisco earthquake in 1906.
Ford Motor Company is mounting a multi-faceted response to aid
employees and others affected by the disaster.
"We are looking at ways to use every possible resource to reach out to
our Ford family as well as the countless others who have been left
homeless in the wake of Hurricane Katrina," said Jim Bright, executive
director, Ford Volunteer Corps.
The American Red Cross is making an urgent appeal for cash and blood
donations. They are not set up to handle food, equipment or other types
of contributions. Ford employees were e-mailed earlier this week and
asked to make an appointment to give blood. Anyone wishing to make a
cash donation may do so online at https://www.redcross.org/donate/MMRedir.ASP?CID=HUR-Ford.
Ford is partnering with the Red Cross and will match employee
contributions to its disaster relief fund. UAW/Ford has donated
$100,000 to the Red Cross and is urging its members to support the
employee match program.
Ford Motor Credit Company has increased its payment deferral
offer to customers affected by Hurricane Katrina. Customers may now
defer up to three vehicle payments; previously two payment deferrals
were offered.
"We have already heard from many customers who are interested in the
Disaster Relief Program. We know there are others who need help and we
are trying to get the word out to everyone," said A. J. Wagner,
president of Ford Motor Credit North America. "Our hearts go out to our
employees, our customers and to our dealers and their employees who
have been impacted by this terrible tragedy."
Under the Disaster Relief Program, Ford Credit customers have
the opportunity to defer these monthly payments without paying
extension fees. The program is open to customers living in counties
that FEMA has declared federal disaster areas as a result of the storm.
Customers must register within 60 days to qualify. Deferred payments
are due at the end of the contract term. Customers may register by
calling Ford Credit toll-free at 1-800-723-4016.
Ford and Lincoln Mercury have established a Disaster Relief Program,
which would enable some customers to receive a $750 discount on
replacement vehicles.
It's being estimated that it will be at least four to six weeks before
power is restored to New Orleans. Forty-two dealerships in the region
are closed, and it appears that 20 have undergone severe damage and may
remain closed for some time. Steve Lyons, group vice president, North
America Marketing, Sales and Service, has scheduled a regional dealer
meeting in Memphis next week.