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US Senate panel approves bill to crack down on Chinese vehicles

StockNow breaking-news AI analysis

A US Senate panel approved a bill banning connected vehicles with >15% Chinese ownership. Mercedes-Benz, with ~20% Chinese equity, faces a potential 2030 ban, prompting lobbying efforts to raise thresholds.

News detail

Senate panel advances China auto bill that could bar Mercedes-Benz (MBG GY) from US, CNBC reports.

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