TSLA451.14017.69%
GM77.3750.935%
F12.9600.97%
RIVN14.5450.595%
CYD50.8002.28%
HMC24.4150.305%
TM187.2105.54%
CVNA70.145-3.575%
PAG167.670-1.36%
LAD275.275-0.025%
AN193.600-1.76%
GPI333.430-2.71%
ABG195.0801.4%
SAH77.930-0.65%
TSLA451.14017.69%
GM77.3750.935%
F12.9600.97%
RIVN14.5450.595%
CYD50.8002.28%
HMC24.4150.305%
TM187.2105.54%
CVNA70.145-3.575%
PAG167.670-1.36%
LAD275.275-0.025%
AN193.600-1.76%
GPI333.430-2.71%
ABG195.0801.4%
SAH77.930-0.65%
TSLA451.14017.69%
GM77.3750.935%
F12.9600.97%
RIVN14.5450.595%
CYD50.8002.28%
HMC24.4150.305%
TM187.2105.54%
CVNA70.145-3.575%
PAG167.670-1.36%
LAD275.275-0.025%
AN193.600-1.76%
GPI333.430-2.71%
ABG195.0801.4%
SAH77.930-0.65%

Car dealer donates $25 million to establish cancer center at Texas Tech

The 90,000-square-foot facility is projected to begin next summer, possibly opening in the next two to three years.
Steve Fox is making a significant contribution to his commitment, donating $25 million to Texas Tech University to help staff a planned cancer treatment facility in El Paso.

El Paso auto dealer Steve Fox and his family presented a gift of $25M to the Texas Tech University Health Services Center El Paso for a new cancer center in El Paso on Tuesday, Aug. 8, 2023, at the Texas Tech campus in El Paso

El Paso car salesman Steve Fox claimed he negotiated the deal of his life when he was diagnosed with severe tongue and throat cancer more than 20 years ago. Steve Fox, owner and CEO of the Fox Toyota, Lexus, and Acura car shops in El Paso, said: “I made a vow that if God permitted me to survive, I would spend the rest of my life helping others who followed me with cancer.”

Currently, he’s making a significant contribution to that commitment, donating $25 million to Texas Tech University to help staff a planned cancer treatment facility in El Paso. Furthermore, the Texas Tech University Health Sciences Center El Paso will use $65 million that the Texas Legislature recently granted to construct the building, which will be known as the Steve and Nancy Fox Cancer Center.

The donation was announced On August 8 during a festive ceremony attended by more than 200 people. Which included many of El Paso’s top businesses. Government and health care leaders in the auditorium of a new building on the Texas Tech campus in south central El Paso. According to Texas Tech experts, cancer is the leading cause of death for the Hispanic community in the U.S. Additionally, in El Paso County in 2020, cancer was the predominant cause of death.

Establishing a comprehensive cancer treatment facility will enable better patient outcomes by offering care that is now unavailable in this area. Additionally, it will allow more El Paso region individuals to receive many types of cancer treatments at home rather than needing to travel. Fox says traveling for cancer treatments outside of town is physically and mentally taxing, making the battle against cancer more challenging.

Texas Tech has received donations from other El Paso businessmen besides Fox. To illustrate, real estate developer Woody Hunt contributed $25 million in 2016 for a dental school; banker Rick Francis contributed $10 million to the Graduate School of Biomedical Sciences in 2022; and billionaire Paul Foster contributed $50 million in 2007 to help establish the Texas Tech medical school in El Paso.

The 90,000-square-foot facility is projected to begin next summer, possibly opening in the next two to three years.

Further Reading
More from Articles
The simple 'paperwork' mistake that could cost dealers $10,000

The simple ‘paperwork’ mistake that could cost dealers $10,000

- May 13, 2026
On the Dash: CDK Global says a paperwork problem cost a dealer $10,000 during a manufacturer audit. NADA calls federal record-keeping requirements among the most burdensome rules dealers face today. ...
GM-LG battery venture recalls small group of Ohio workers as EV demand slows

GM-LG battery venture recalls small group of Ohio workers as EV demand slows

- May 13, 2026
On the Dash: EV production volatility is directly affecting supply chain employment and factory output decisions. Incentive-driven demand shifts are forcing automakers to adjust production more quickly than long-term EV...
Nissan projects return to profit after seventh straight quarterly loss

Nissan projects return to profit after seventh straight quarterly loss

- May 13, 2026
On the Dash: Nissan’s projected return to profit could improve dealer confidence after multiple quarters of financial instability. Ongoing model cuts and production restructuring may impact future inventory mix and...
New-vehicle prices rose in April, but the gains fell short of the historical average, with wide variation across brands and segments, according to Kelley Blue Book.

New-vehicle prices rise in April, but the pace is cooling

- May 13, 2026
On the Dash: New-vehicle ATP rose 1.8% year over year in April, below the 3.6% long-term average. Ford and GM posted strong gains while several luxury brands saw transaction prices...
CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.