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Toyota pledges money to Detroit Institute of Arts

DETROIT (WKZO) -- Toyota North America announced a pledge of one million dollars to the city of Detroit's "grand bargain" to help the Detroit Institute of Arts and city pensioners.

Toyota North America President Simon Nagata said "Detroit and the surrounding areas are vitally important to the automotive community and they deserve our support." DIA board chairman Eugene Gargaro expressed his gratitude for the donation and hopes it will motivate other donors.

The "grand bargain" consists of donations and state funds that will support city pensioners over the next 20-years and protects art at the DIA from being sold in Detroit's bankruptcy case.

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