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Mercedes-Benz Likely To Escape US Ban Despite Nearly 20 Percent Chinese Ownership
Summary by Motor1.com
4 Articles
4 Articles
Mercedes-Benz is among the brands that could have problems in the US because of the share stake in Chinese hands. Other European automakers with Chinese shareholders, such as Volvo and Aston Martin, are also addressing a similar issue.
"We will not let the president sign a decree prohibiting Mercedes-Benz from selling his cars in the United States," reassures American senators facing a risk of collateral damage from a bill. Volvo and Aston Martin are also affected.
The new US Senate bill against Chinese automakers threatens Mercedes-Benz's presence in that country due to the stake held by Asian shareholders.
Coverage Details
Total News Sources4
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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