Senate panel advances China auto bill that could bar Mercedes-Benz from U.S.Mercedes-Benz’s largest individual shareholder is Chinese state-owned BAIC. Cruz warned the bill could hurt Mercedes and accused GM of backing it.{}

Mercedes-Benz’s largest individual shareholder is Chinese state-owned BAIC. Cruz warned the bill could hurt Mercedes and accused GM of backing it.https://www.cnbc.com/2026/07/22/ted-cruz-china-auto-bill-mercedes-benz-gm.html