Mercedes-Benz dealers face uncertainty as Congress weighs ownership restrictions

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Mercedes-Benz Dealers Face Uncertainty as Congress Weighs Ownership RestrictionsNew bipartisan legislation in Congress could prevent Mercedes-Benz from manufacturing, importing, or selling vehicles in the United States because of Chinese ownership stakes in its parent company. Industry experts and those familiar with the legislation suggest that the bill’s current wording might inadvertently include the German luxury automaker, despite its subst…

Mercedes-Benz dealers face uncertainty as Congress weighs ownership restrictions

On the Dash: Proposed legislation could bar Mercedes-Benz from importing, selling, or manufacturing vehicles in the U.S. for five years. Dealers should monitor the bill’s ownership thresholds, which could affect multiple automakers with Chinese investment ties. Industry groups support efforts to limit Chinese influence but warn lawmakers that poorly defined ownership provisions could create unintended consequences. New bipartisan legislation in…