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Mercedes-Benz may be shut out of U.S. market under bill aimed at Chinese automaker ownership
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Mercedes-Benz may be shut out of U.S. market under bill aimed at Chinese automaker ownership

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Mercedes-Benz vehicles sit parked, on the day U.S. President Donald Trump is set to announce new tariffs, at a dealership in Copiague, New York, U.S., April 2, 2025.  Shannon Stapleton | Reuters Mercedes-Benz could find itself shut out of the U.S. auto market β€” banned from making or selling new vehicles in the country β€” under legislation making its way through Congress. New bipartisan legislation aimed at limiting Chinese involvement in the U.S. auto market may sweep in Mercedes-Benz unless the bill is changed or the German automaker's largest shareholder sells its stake. The bill, the Motor Vehicle Modernization Act of 2026 , would prohibit automakers that have "any direct or indirect equity interest by a foreign-adversary government," such as China , from importing, selling or manufacturing vehicles for sale in the U.S. Mercedes-Benz's largest individual shareholder is the state-owned Chinese automaker BAIC, formerly the Beijing Automotive Industrial Corp., with a 9.98% share.…

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