US Senate panel to vote on Chinese vehicle crackdown bill
XLY•Ownership threshold could affect Mercedes-Benz
The bill would prohibit vehicle sales by automakers that are more than 15% owned by Chinese entities, which would apply to Mercedes-Benz MBGn.DE, which has nearly 20% Chinese ownership. Mercedes-Benz is lobbying to change the provision, U.S. lawmakers say.
Mercedes-Benz has not commented.
Industry changes and lobbying ahead of the vote
Moreno noted that General Motors plans to shift production of its Chinese-made Buick Envision to the United States for the 2028 model year and said Ford has agreed to move Chinese-made Lincolns to the United States.
"I view that as a big victory," Moreno said.
He added Google's self-driving unit Waymo, which had been talking with Chinese automaker Geely about platforms coming from China "has committed to looking at a Detroit-based manufacturer for their future platforms."
