Mercedes-Benz

Is Mercedes-Benz Chinese? Partly

Facts checked Ownership as of 2025

Partly

Mercedes-Benz is German, with the largest Chinese shareholdings of any Western carmaker. Its two biggest single shareholders are both Chinese: BAIC Group with 9.98%, held since 2019, and Geely's founder Li Shufu with 9.69%, bought through Tenaciou3 Prospect Investment in February 2018 -- 19.67% between them. Neither controls the company, which is otherwise held by institutional and retail investors; Mercedes also owns half of the smart joint venture with Geely.

Chinese holding: 19.67% as of 2025.

The chain

The ownership chain behind this answer, owner first.
Step Entity Kind Origin
1 BAIC Group group CN
2 Mercedes-Benz Group AG company DE

Is Mercedes-Benz Chinese: the short answers

Is Mercedes-Benz Chinese?
Partly. Mercedes-Benz is German, with the largest Chinese shareholdings of any Western carmaker. Its two biggest single shareholders are both Chinese: BAIC Group with 9.98%, held since 2019, and Geely's founder Li Shufu with 9.69%, bought through Tenaciou3 Prospect Investment in February 2018 -- 19.67% between them. Neither controls the company, which is otherwise held by institutional and retail investors; Mercedes also owns half of the smart joint venture with Geely.
How much of Mercedes-Benz is Chinese-owned?
19.67%, as of 2025.

Related

Sources for this answer

  1. Wikipedia, Mercedes-Benz Group. Read .
  2. Mercedes-Benz Group AG, Shareholder Structure Mercedes-Benz Group AG. Read . The company's own shareholder page refused an automated fetch; its figures were read through the search index and cross-checked.