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Ford donates $1 million and fleet of vehicles to Trump's inauguration
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Ford donates $1 million and fleet of vehicles to Trump's inauguration
Dec 23, 2024 10:01 AM

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.

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