Automakers

Mercedes flags billions at risk as Russia weighs expropriation

Mercedes plant Moscow
Mercedes has stopped production at its Russian plant about 30 km northwest of Moscow. (Daimler AG - Global Communicatio/Daimler AG)
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By:
Bloomberg
March 11, 2022 03:18 PM
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Click here for a roundup of how Russia’s invasion of Ukraine is impacting the auto industry.

Mercedes-Benz has about 2 billion euros ($2.2 billion) of assets in Russia that could be at risk if Moscow decides to expropriate the property of foreign companies that leave the country over its invasion of Ukraine.

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