Mercedes-Benz CEO rejects Trump administration proposal to move company headquarters to the US

by Marcelo Moreira

Mercedes-Benz CEO rejects Trump administration’s proposal to transfer the company’s headquarters to the USA (Photo: Creative Commons)

Healthy puldns, ceo da Mercedes-Benzrejected a proposal from the Trump administration to transfer the company’s headquarters to the United States.

According to a report from The New York PostKällenius told the German publication The Pioneer that the Secretary of Commerce, Howard Lutnickpresented the proposal to change the headquarters of the Mercedes last year.

According to the outlet, Källenius told Lutnick that, although the company was global, it could not be “dismantled.” “Star has been a global company for over 100 years, but our roots are in Swabia. These roots cannot and should not be pulled out of the ground,” Källenius told The Pioneer.

Mercedes-Benz CEO rejects Trump administration proposal to move company headquarters to the US
Howard Lutnick, US Secretary of Commerce (Photo: Public domain)

The “star” is a reference to the company’s three-pointed logo. Mercedes-Benz. Swabia, known in German as Swabiais the region in southwest Germany where the company’s headquarters in Stuttgart are located.

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Källenius, who is Swedish and became the first non-German to become President and CEO of the Group Mercedes-Benznoted that Lutnick’s proposal reflected “the fierce global competition for capital that industrial centers in Europe are facing.”

Although Källenius rejected the idea of ​​moving the headquarters, the Mercedes subsequently announced that it would move production of a sport utility vehicle from Germany to its factory in Tuscaloosa, Alabama, as noted by Bloomberg.

Photos: Creative Commons / Public domain. This content was created with the help of AI and reviewed by the editorial team.

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