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Technology@lemmy.worldEnglish · 1 month ago

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

stumu415@lemmy.zip to

Technology@lemmy.worldEnglish · 1 month ago

21

cross-posted to:
[email protected]

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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The US has lost the ability to act in its own interest. Run, flee! I promise it will all get worse soon.

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