Mercedes-Benz's largest individual shareholder is BAIC, a Chinese state-owned automaker. Sources told CNBC that exemptions in the legislation would not apply.
Ford sells globally though, even if BYD is legislated out of the US market, they still need to compete everywhere else - to the point where they teamed up with VW to sell a sedan in EU that they don’t offer in NA.
Ford sells globally though, even if BYD is legislated out of the US market, they still need to compete everywhere else - to the point where they teamed up with VW to sell a sedan in EU that they don’t offer in NA.