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Mercedes-Benz dealers face uncertainty as Congress weighs ownership restrictions
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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…
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