Hyundai, Stellantis, Delta each donating $1 million to Trump inaugural fund
Hyundai Motor's
005380
U.S. unit, Chrysler-parent Stellantis
STLAM
and Delta Air Lines
DAL
on Monday each announced they are among companies donating $1 million to President-elect Donald Trump's inaugural fund.
Other major companies donating for the Jan. 20 inauguration include Boeing
BA
, General Motors
GM
, Ford Motor
F
, Microsoft
MSFT
, Amazon.com
AMZN
, Alphabet
GOOG
and Facebook-parent Meta
META
.
Hyundai said it "welcomes the opportunity to work with the new administration on policies that support American manufacturing, protect supply chains, and spur innovation."
Potential tariffs and changes to electric vehicle and vehicle emission policies under consideration by the incoming administration could have dramatic impacts on automakers.