Ford and General Motors plan to donate $1 million and vehicles to President-elect Donald Trump's inauguration. CEOs Jim Farley and Mary Barra expressed optimism about working with the incoming administration, highlighting shared goals for a strong economy and manufacturing base.
Ford and General Motors will both donate $1 million and vehicles to President-elect Donald Trump ’s January inauguration. Ford CEO Jim Farley told reporters earlier this month he is excited about working with the incoming Trump administration to make sure the company is “rewarded for our commitment to America and Michigan,” according to the 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,” Farley reportedly said.Last week Trump’s plan for his first 100 days in office includes ending rebates for electric vehicle buyers. Farley said Ford is expecting changes in tax benefits for those consumers, but noted the company is “very well-positioned' for any policy changes, according to the Ford dealers have also been prioritizing electric vehicle sales in some markets, the newspaper quoted Farley as saying. “We did take some pricing action. We’re working with our dealers to make sure they sell the whole lineup, not just our hybrids. So they’re putting more emphasis on EVs in certain parts of the market,” he reportedly explained. Earlier this month, General Motors CEO Mary Barra said Trump listens intently to the automotive industry, according to the'I think we’re very goal-aligned,' the newspaper quoted her as saying. 'We want a strong economy. We want a strong manufacturing base in this country. We agree automotive jobs are important. I think there’s a lot that we could work on.” “But there’s going to be changes,” Barra reportedly continued. “But we’ve worked with many administrations for decades.
FORD GENERAL MOTORS TRUMP INAUGURATION ECONOMY MANUFACTURING
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