The chief executive of Mercedes-Benz has said Howard Lutnick suggested the German carmaker relocate its headquarters to the US in a move that he warned highlighted Europe’s battle with the US for investments.
Ola Källenius said he had met Lutnick in New York about a year ago before his appointment as Donald Trump’s US commerce secretary.
“[Lutnick] did a phenomenal job of presenting the good reasons why you should invest in the US: lower energy cost, simplified regulation, low taxes,” said Källenius on Thursday.
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