GM Foundation to Donate $1 Million to Tsunami Relief Efforts

General Motors Corp. announced its GM Foundation will be donating $1 million to the International Response Fund of the American Red Cross to support the relief efforts in Asia, India and Africa that were ravaged by the recent tsunami.

The GM foundation announced it will also be matching up to $1 million in contributions made by GM employees to the International Response Fund of the American Red Cross, UNICEF and CARE.

"All of us are stunned by the magnitude of this unprecedented natural disaster, and we mourn the loss of life and the devastation it has brought to so many people," said GM chairman and chief executive Rick Wagoner.

GM also plans to provide GM cars and trucks to aid in the movement of medical supplies and equipment in the region.