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Toyota will donate $1 million to Trump's inauguration fund

Publish Date: 2024.12.26

On December 24th, a spokesperson for Toyota North America announced that the company will donate $1 million to the inauguration fund of the next US President Donald Trump, aimed at supporting Trump's inauguration ceremony and related activities, but the company does not intend to provide vehicles for the celebration.

On December 23rd, American car manufacturers Ford and General Motors announced that they will provide vehicles for the celebration and donate the same amount of funds ($1 million) to Trump's inauguration fund.


Trump has proposed imposing tariffs on products imported from Mexico and Canada, which will affect many car manufacturers in North America, including Toyota cars that produce Toyota Tacoma pickups in Mexico. According to reports, Trump also plans to repeal many of President Joe Biden's policies on electric vehicles and carbon emissions.


Earlier this month, Sam Altman, CEO of Open AI, Facebook parent company Meta, and Amazon all pledged to donate $1 million to Trump's inauguration fund.


However, US Senator Elizabeth Warren criticized the donation to Trump's inauguration fund and stated, "Trump relies on private donors to provide funding for the US government's transition period, but this is just a trick commonly used by those close to Trump, which appears to save taxpayers money but actually enriches their own pockets


However, earlier this month, Ford CEO Jim Farley stated that he looks forward to working with the Trump administration. Given the employment situation of Ford Motor Company and its importance in the US economy and manufacturing industry, Ford Motor Company's views are very important to the US government.


It is reported that Trump will hold his inauguration ceremony in Washington on January 20th next year. Around noon on that day, Trump will recite the following oath: "I solemnly swear that I will faithfully carry out the duties of the President of the United States and do my utmost to uphold, defend, and defend the Constitution of the United States


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