Ford Motor Company was one of several prominent Michigan companies to contribute to US President Donald Trump’s January inauguration, reports Crain’s Detroit Business. The automaker made a donation of $250,000 on January 10th.
That figure comes from a newly-released disclosure from the Federal Election Commission, which tallies the amounts donated in support of Trump’s inauguration events starting in December of last year. Rival General Motors also contributed $200,000, on top of $298,650 in in-kind vehicle donations, according to Crain’s.
The total amount raised for Trump’s inauguration – $106 million – is double the amount raised for Obama’s inauguration in 2009. It’s conceivable that a number of – esp. corporate – donors had hoped to get on President Trump’s good side as he was assuming the office. Winning the president’s favor might have been seen as especially important by Ford, in fact; as a candidate, Trump repeatedly blasted Ford repeatedly for its plans to expand both vehicle and parts production in Mexico, rather than investing all the company could in the United States.
Since Mr. Trump has taken office, Ford’s relationship with the president seems generally more positive than during the campaign season, with the automaker optimistic about the prospect of tax reform and lighter regulations.
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