Ford Motor Co. has announced a $1 million donation to President-elect Donald Trump’s January 20 inauguration fund, along with a fleet of vehicles for the occasion, according to USAToday. The Dearborn, Michigan-based automaker joins a growing list of major companies contributing to the festivities, including Amazon and Meta, which have each pledged $1 million.
Ford’s Perspective on Policy Changes
While Ford’s donation demonstrates its support for the event, the company is also preparing for potential shifts in federal policies under Trump’s administration. CEO Jim Farley recently addressed concerns about changes to tariffs, emissions regulations, and tax incentives for electric vehicles.
“After 120 years, we’re pretty experienced with policy change,” Farley said during a press event at Michigan Central Station in Detroit. He emphasized Ford’s resilience and adaptability, noting that nearly 14% of the company’s U.S. sales in November were hybrid or electric vehicles. Globally, hybrids and EVs now account for almost one in five vehicles in Ford’s lineup.
Farley also expressed optimism about collaborating with the incoming administration. “What I’m excited about is working with the administration to make sure that we’re rewarded for our commitment to America and Michigan,” he said, highlighting Ford’s significant role in the U.S. economy and manufacturing sector.
A History of Engagement
Trump has previously met with Bill Ford Jr., the company’s executive chair, during visits to Michigan. Farley underscored Ford’s strategic positioning to navigate potential policy shifts while remaining a cornerstone of American manufacturing.
Major Donors Join Forces
In addition to Ford, high-profile contributions to Trump’s inauguration fund include $1 million each from Amazon’s Jeff Bezos and Meta CEO Mark Zuckerberg. This marks an attempt by Zuckerberg to repair relationships with Trump and Republican leaders after the backlash Meta faced for banning Trump following the January 6 Capitol attack.
While the total amount raised for the upcoming inauguration has not been disclosed, Trump’s 2017 inauguration fund set a record at $106.7 million. By comparison, President Joe Biden raised over $61 million for his 2021 inauguration fund.
As preparations continue for the January event at the U.S. Capitol, contributions from corporate and individual donors underscore the continued influence of major businesses in political events.
Photo: Mint_Images
