Toyota Motor of North America is donating $1 million to President-elect Donald Trump's Jan. 20 inauguration, a company spokesman said Tuesday, a day after Ford and General Motors, said they would give the same amount.
Ford and GM are also contributing vehicles to the festivities, although Toyota is not planning to, the Japanese-based company said.
Trump's proposed tariffs on imports from Mexico and Canada would affect many automakers in North America, including Toyota, which produces the Tacoma pickup truck in Mexico. The incoming president also aims to unravel many of Democrat President Joe Biden's policies on electric vehicles and emissions, Reuters reported.
Other large companies, including Amazon and Facebook parent Meta Platforms have also donated to the inauguration.
© 2024 Thomson/Reuters. All rights reserved.