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Mercedes-Benz faces potential ban in the US due to Senate moves

a day ago
  • The U.S. Senate Commerce Committee approved legislation banning sales by automakers with more than 15% Chinese ownership.
  • Mercedes-Benz, with nearly 20% Chinese ownership, would have until 2030 to comply and could receive waivers to avoid the ban.
  • Senator Ted Cruz stated General Motors is pushing the legislation to boost Cadillac, but denied any intention to ban Mercedes sales.
  • Polestar (owned by Geely) was informed it cannot sell in the U.S. from 2027, while Volvo received conditional authorization to continue sales.