A Senate bill targeting Chinese automakers could block Mercedes-Benz from U.S. sales due to its 19.68% Chinese ownership.
Mercedes-Benz risks losing access to the U.S. market under a Senate bill banning automakers with over 15% Chinese ownership. The Connected Vehicle Security Act, passed unanimously by the Senate Commerce Committee, aims to exclude Chinese vehicles and components from the U.S. market, citing national security concerns.
Nearly 20% of Mercedes-Benz is owned by Chinese entities, including Geely’s 9.7% stake and Beijing Automotive Group’s 9.98%. The bill’s sponsor, Senator Bernie Moreno, framed it as a defense against Chinese industrial dominance, warning of threats to American manufacturing and jobs.
Mercedes stated it would challenge the legislation, emphasizing its commitment to the lucrative U.S. market. The automaker has not disclosed specific legal or operational strategies but indicated multiple options remain available.