Mercedes-Benz talks continue over U.S. 15% Chinese ownership vehicle ban

  • Bernie Moreno said talks continue to keep Mercedes-Benz vehicles from the proposed U.S. ban.
  • The bill sets a 15% threshold; Mercedes-Benz has nearly 20% passive Chinese ownership.
  • Senate Commerce Committee approved the bill in July; Moreno seeks approval before adjournment until November.

Talks are continuing to ensure Mercedes-Benz can keep selling vehicles in the United States under a bill that would bar companies with more than 15% ownership by Chinese entities. Mercedes-Benz has nearly 20% passive ownership from Chinese entities, raising concerns about whether its stake could be reduced to the threshold without debilitating the company. Republican Bernie Moreno, a sponsor of the bill, said the Senate should not ban Mercedes-Benz vehicles and hopes to secure fast-track approval this week before the Senate adjourns until November.

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