Ford, General Motors to each donate $1 million and fleet of vehicles to Trump inauguration

The U.S. car companies Ford and General Motors on Monday announced that they each would donating $1 million and a fleet of vehicles to President-elect Donald Trump's inauguration.

The pledge follows Amazon and Meta Inc. having promised earlier this month to donate $1 million to the same fund. Trump previously raised $106 million for his inauguration and related festivities in 2017, Reuters reported. 

The Federal Election Commission allows companies to donate to the inaugural fund, but the inaugural committee will need to disclose the donation no later than 90 days after the ceremony, according to Forbes. 

The donations come as Trump considers tariffs on parts imported from countries like Mexico, Canada, and China, and revoking tax credits on electric vehicles, which would negatively impact both companies. Ford CEO Jim Farley, however, expressed confidence and optimism earlier this month that Trump would be open to hearing about how the tariffs would impact his company.

"(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," he said.

Trump will be sworn into office on January 20. 

Misty Severi is a news reporter for Just The News. You can follow her on X for more coverage.