Mercedes CEO Pledges to Protect U.S. Business Amid Concerns Over Chinese Investors
Mercedes-Benz CEO Ola Kaellenius has pledged to shield the company's U.S. business from a potential sales ban, following U.S. Senate legislation targeting Chinese automakers. The bill, approved by the Senate Commerce Committee, could bar Mercedes from selling vehicles in the U.S. because its top two shareholders—Chinese carmaker BAIC Group and Geely's billionaire founder Li Shufu—hold nearly 20% of its listed shares. Kaellenius stated the company is monitoring the debate and is 'deeply involved' in talks with relevant parties. Facing plunging sales in China, Mercedes is expanding U.S. production, having pledged over $7 billion in investments, including $4 billion through 2030 to boost SUV production in Alabama. The CEO also indicated the company could set up engine production in the U.S. depending on trade pact negotiations. U.S. sales grew 15% in the first half of 2026, helping offset losses in China.
Editorial responsibility
- No named human review is recorded for this page.
- Reports are grouped by semantic similarity and deterministic rules. Language models may assist titles, summaries, translation and cross-source analysis; the page itself is projected from evidence records.
- Current automated evidence projection