The present technology relates to perovskite materials for oxygen storage. In one aspect, the perovskite material includes at least one platinum group metal (PGM) and at least one perovskite compound selected from the group consisting of formula (a): LaxMO3 and formula (b): La(1-y)SryMO3, wherein: M is selected from the group consisting of Co, Cu, Fe, Mn and Ni; x is about 0.7 to about 1.1; and y is 0 to about 0.8, and wherein M, x, and y are independently variable for each one of said perovskite compounds. In one exemplary method, the perovskite materials of the technology are employed to treat automotive exhaust gas. In one embodiment, the perovskite materials are included in the washcoat of an automotive catalytic converter.