If the sanctions war over Ukraine heats up, Mercedes-Benz could find itself among the collateral damage.
Why? Simple. The Russian business daily Vedomosti reported that if the U.S. and European Union continue to ramp up economic pressure on Moscow, which they accuse of supporting separatist rebels in Ukraine, Moscow could retaliate with a ban on automobile imports.
We’re not there yet. So far, Russia has gone no further than slapping a ban on U.S. and EU food imports. But President Vladimir Putin has said restricting car imports remains an option.