Toyota to allocate one million dollars for Donald Trump's inauguration
Kyiv • UNN
Toyota Motor North America will donate $1 million to Donald Trump's inaugural events. Ford and GM will also allocate a million each and provide cars for the celebration.
Toyota Motor North America, the North American subsidiary of Toyota Motor Company, has announced that it will donate $1 million to the inaugural events of US President-elect Donald Trump on January 20. This was reported by Reuters, according to UNN.
Details
It is noted that Ford Motor and General Motors have also pledged to allocate the same amount. According to representatives of the Japanese company, Ford and General Motors will also provide cars for the celebration, but Toyota does not plan to do so.
According to the publication, Donald Trump plans to impose duties on imports from Mexico and Canada. This could have a significant impact on many automotive companies in North America, including Toyota, which manufactures its popular Toyota Tacoma pickup trucks in Mexico.
The Trump administration is also expected to consider reversing some of Joe Biden's decisions related to electric vehicles and environmental emission standards.
Recall
Ford Motor Company will provide with $1 million and cars for Donald Trump's inauguration. The company seeks to establish a dialogue on tariff policy and electric vehicle regulation with the new administration.
