Major automakers General Motors, Ford, and Toyota have all promised to donate $1 million each toward President-elect Donald Trump’s inauguration next month.
The car companies joined a growing group of executives and corporate giants to shell out funds for Trump’s inauguration. Toyota, a Japanese-based company, became the latest to promise to pitch in for Trump’s ceremony in a statement to the New York Post.
Ford and General Motors confirmed their support in statements earlier this week, according to Reuters. All three automakers are at varying degrees of risk to take financial hits from tariffs, which Trump has threatened against a host of countries to drive American interests.
“(Given) Ford’s employment profile and importance in the U.S. economy and manufacturing, you can imagine the administration will be very interested in Ford’s point of view,” Ford CEO Jim Farley told…
