Mercedes-Benz’s largest shareholder is the Beijing Automobile Group.

It is said that the largest shareholder of the Daimler Group, which owns Mercedes-Benz, is the Beijing Automobile Group.

I think this content already became an issue(?) in 2021, and thanks to this, it seems that Mercedes Benz cannot be free from China Risk.

Whether we like it or not, we have to use a certain percentage of Chinese parts, and I think this fire incident will also have a big impact.

Volvo’s largest shareholder is China’s Geely Motors, but I understand that Volvo has stipulated the condition that ‘we will not compromise on safety.’

Maybe that’s why the people who criticized Volvo for being a Chinese car have now completely turned their backs on Mercedes-Benz… at least for Mercedes-Benz Korea.

I think this incident will be a big turning point that will determine the future of the Korean market.