By Nora Eckert
DETROIT (Reuters) – Toyota Motor (NYSE:) of North America will donate $1 million to President-elect Donald Trump’s inauguration on Jan. 20, an organization spokesperson stated Tuesday, a day after Ford Motor (NYSE:) and Common Motors (NYSE:) of Detroit stated they might give the identical quantity.
Ford and GM can even present autos for the festivities, whereas Toyota doesn’t plan to take action, the Japan-based firm stated.
Trump’s proposed tariffs on imports from Mexico and Canada would have an effect on many automakers in North America, together with Toyota, which produces the Toyota Tacoma pickup truck in Mexico. The brand new president additionally goals to dismantle lots of Democratic President Joe Biden’s insurance policies on electrical autos and emissions, Reuters reported.
Different main firms, together with Amazon (NASDAQ:) and Meta Platforms (NASDAQ:), Fb’s dad or mum firm, additionally donated to the inauguration.
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