Toyota Motor North America is jumping into act to contribute to Detroit's so called grand bargain designed to save the art at the Detroit Institute of Art and soften pension cuts for city workers in the bankruptcy case.
The DIA announced Wednesday that Toyota had pledged $1 million toward the DIA's $100 million contribution to the grand bargain.
“Detroit and the surrounding areas are vitally important to the automotive community. They deserve our support,” said Simon Nagata, president of Toyota Motor Engineering and Manufacturing, Inc., in a statement released by the DIA.
“Together we can find solutions to help Detroit become the healthy and vibrant community that reflects the spirit of its people. This commitment is a way to demonstrate our gratitude to the people who have built this industry and support us every day.”
