World News@lemmy.worldEnglish · 27 days ago

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

www.cnbc.com

cross-posted to:
technology@lemmy.world

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

www.cnbc.com

stumu415@lemmy.zip to

World News@lemmy.worldEnglish · 27 days ago

cross-posted to:
technology@lemmy.world

Mercedes-Benz's largest individual shareholder is BAIC, a Chinese state-owned automaker. Sources told CNBC that exemptions in the legislation would not apply.

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Catching up? The US auto industry is a dinosaur.

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