Mercedes-Benz's largest individual shareholder is BAIC, a Chinese state-owned automaker. Sources told CNBC that exemptions in the legislation would not apply.
Makes sense. European capital markets have been operating at significant competitive disadvantage for decades now and many companies have been taken over by foreign ownership.
We have the same kinds of issues here in Sweden with Volvo Cars being Chinese since a few years back means that they’re being phased out of any sensitive applications.
Makes sense. European capital markets have been operating at significant competitive disadvantage for decades now and many companies have been taken over by foreign ownership.
We have the same kinds of issues here in Sweden with Volvo Cars being Chinese since a few years back means that they’re being phased out of any sensitive applications.