General Motors has been named as one of a handful of Michigan companies that helped bankroll President Donald Trump’s inauguration. According to Crain’s Detroit Business, a newly released disclosure shows GM donated a healthy sum of $200,000.
That’s before in-kind vehicle donations from GM totaling $298,650 as well, helping bring President Trump’s total inaugural sum to $106 million — double what former President Obama brought in for his 2009 inauguration.
Dow Chemical, Quicken Loans, Ford Motor Company and others were also named as big ticket donors, with Dow Chemical leading the pack with a $1 million donation.
While there’s certainly not a blatant motive behind the donation sums, it’s plausible the donations made for small insurance policies. GM in particular has been caught in President Trump’s crosshairs more than a few times after being blasted for building the 2017 Chevrolet Cruze hatchback in Mexico. The President threatened a large border tax in response to building the compact hatchback outside of the United States.
However, the waters seem less choppy these days. GM CEO Mary Barra continues to serve on President Trump’s economic forum, advising the president from a private sector point of view. Barra herself also attended the 45th president’s inauguration in person.