Ford, GM Donate $1 Million & contribute Vehicles To Trump
U.S. automakers Ford Motor and General Motors will donate $1 million each, along with vehicles, to U.S. President-elect Donald Trump’s January inauguration, company spokespersons said on Monday.
Policies on tariffs and electric vehicles under consideration by the incoming administration would affect Detroit carmakers such as Ford, which is struggling to ramp up and sell its battery-powered models.
Republican Trump has proposed broad tariffs on imports from Mexico and Canada, as well as killing an EV tax credit that benefits Ford.
Ford CEO Jim Farley recently expressed optimism that former President Donald Trump would be open to considering the automaker’s perspective on key issues.
“Given Ford’s significant role in U.S. manufacturing and its impact on the economy, it’s reasonable to expect the administration would take our views seriously,” Farley said.
On Monday, General Motors announced a $1 million donation to the event, along with providing vehicles for use during the festivities.
Several major corporations, including Amazon and Meta, have also contributed to the inauguration efforts.
Trump’s 2017 inauguration set a fundraising record, bringing in $106.7 million. In comparison, President Joe Biden raised $61.8 million for his 2021 inauguration, with backing from companies like Pfizer, AT&T, and Boeing.
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