A Senate bill targeting Chinese auto ownership could push Mercedes-Benz off U.S. roads

The German automaker's two largest shareholders — a Chinese state-owned company and a Chinese billionaire — together hold nearly 20% of its parent company

KIRILL KUDRYAVTSEV / Getty Images

Mercedes-Benz could be barred from manufacturing and selling vehicles in the U.S. under new legislation targeting Chinese ownership in the auto industry, according to CNBC.

Named the Motor Vehicle Modernization Act of 2026, the legislation would block any automaker from importing, selling, or manufacturing vehicles for sale in the U.S. if a foreign-adversary government holds "any direct or indirect equity interest" in that company. The legislation is sponsored by House Energy and Commerce Committee Chairman Brett Guthrie, a Republican from Kentucky, and is currently a........

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