Why Mercedes-Benz is at risk of US market ban under new Congress bill | Explained
India, May 30 -- Mercedes-Benz could potentially be barred from selling or manufacturing vehicles in the United States under a new bipartisan bill in Congress aimed at restricting automakers with ties to Chinese government-linked ownership, according to a CNBC report.
The proposed legislation, titled the Motor Vehicle Modernization Act of 2026, seeks to block companies with any direct or indirect equity interest from "foreign-adversary governments" from importing, selling, or producing vehicles in the US.
China is listed in the bill as a foreign adversary, alongside Russia and North Korea.
Concerns arise from Mercedes-Benz's shareholder structure. Its largest individual shareholder is BAIC, a Chinese state-owned automaker, which holds ...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.