DETROIT, Dec 23 (Reuters) - Ford Motor Co ( F ) is
donating $1 million and a fleet of vehicles to U.S.
President-elect Donald Trump's January inauguration, a company
spokesperson said on Monday.
Policies on tariffs and electric vehicles that are being
considered by the incoming administration would likely affect
Detroit carmakers like Ford, who are struggling to ramp up and
sell their battery-powered models.
Republican Trump has proposed significant tariffs on imports
from Mexico and Canada, as well as killing an EV tax credit that
benefits Ford.
Ford CEO Jim Farley told reporters earlier this month he was
optimistic that Trump would be open to hearing the U.S.
automaker's perspectives on these actions.
"(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,"
Farley said.
Other large companies, including Amazon and Meta Platforms,
have also donated to the upcoming inauguration.
Trump raised a record $106.7 million for his 2017
festivities.
Democratic President Joe Biden raised $61.8 million for his
2021 inauguration, with contributions from companies including
Pfizer, AT&T and Boeing.