DETROIT, Dec 24 (Reuters) - Toyota Motor of
North America is donating $1 million to President-elect Donald
Trump's Jan. 20 inauguration, a company spokesman said on
Tuesday, a day after Detroit's Ford Motor ( F ) and General
Motors ( GM ), said they would give the same amount.
Ford and GM are also contributing vehicles to the
festivities, while Toyota ( TM ) is not planning to, the Japan-based
company said.
Trump's proposed tariffs on imports from Mexico and Canada
would affect many automakers in North America, including Toyota ( TM ),
which produces the Toyota Tacoma pickup truck in Mexico. The
incoming president also aims to unravel many of Democratic
President Joe Biden's policies on electric vehicle and
emissions, Reuters has reported.
Other large companies, including Amazon ( AMZN ) and
Facebook parent Meta Platforms ( META ) have also donated to the
inauguration.