Business

Senate Panel Advances China Auto Bill

Updated 2026-07-22 18:10 UTC 1 source Negative

A Senate panel has advanced a bill that could bar Mercedes-Benz from the U.S. market, due to its largest shareholder being a Chinese state-owned company.

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Senate panel advances China auto bill that could bar Mercedes-Benz from U.S.

Mercedes-Benz’s largest individual shareholder is Chinese state-owned BAIC. Cruz warned the bill could hurt Mercedes and accused GM of backing it.

2026-07-22 18:05 UTC