Official announcements or press releases from Toyota

Ford, General Motors, and Toyota Donate $1 Million Each for Trump’s January 20, 2025 Inauguration

Dec 24, 2024, 06:09 PM

Ford Motor Company has announced a donation of $1 million and a fleet of vehicles for the inauguration of President-elect Donald Trump, scheduled for January 20, 2025. This contribution aligns Ford with other major corporations, including General Motors and Toyota, which have also pledged $1 million each to support the inauguration festivities. The donations reflect a growing trend among corporate America to engage with the incoming administration, as companies seek to establish favorable relationships. Ford's CEO, Jim Farley, has indicated that the donation is part of a broader strategy to navigate the potential impact of Trump’s policies on the automotive industry, particularly concerning tariffs and electric vehicle tax credits.