EconomyUnder pressure over China backers, Mercedes CEO pledges to defend U.S. business
Mercedes-Benz’s chief executive said Tuesday that he would protect the company’s U.S. operations from a possible sales ban. Concerns in Washington about the German automaker’s Chinese investors are putting its access to the American market at risk. The United States is one of the company’s few remaining growth markets. The pledge comes as pressure over those investors intensifies.
Under pressure over China backers, Mercedes CEO pledges to defend U.S. business