Mercedes Won't Be Banned In America: Senator
A Senate bill would ban US sales for automakers with 15% or more Chinese ownership. Mercedes-Benz, about 20% Chinese-owned via BAIC and Tenaciou3, is said to be safe, per Senator Bernie Moreno. Aston Martin (17% Geely) would need restructuring.
- Senate bill bans automakers with 15% or more Chinese ownership
- Mercedes is about 20% Chinese-owned via BAIC (9.98%) and Tenaciou3 (9.69%)
- Senator Moreno: Mercedes-Benz vehicles won't be banned in America
- Aston Martin, 17% owned by Geely, would also need to restructure
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