GM and Ford join other major companies in donating to the incoming President’s inauguration. Trump may roll back fuel economy standards, increasing vehicle emissions limits by up to 25%. The $7,500 federal EV tax credit could be eliminated,

U.S. automakers Ford Motor and General Motors will donate $1 million each, along with vehicles, to U.S. President-elect Donald Trump's January inauguration, company spokespersons said on Monday. Policies on tariffs and electric vehicles under consideration by the incoming administration would affect Detroit carmakers such as Ford,

The contributions are significant increases from both Ford and GM’s previous giving to presidential inaugurations.