Mercedes-Benz CEO signals more potential US investment
The American Bullseye Board Founder Portfolio Adam Johnson violates President Donald Trump tariff plans and evaluates economic data during “Maria Bartiromo Wall Street” week.
Executive Director: Mercedes-Benz On Thursday, the signal company plans to invest more in the United States in the coming years and discuss how tariffs can affect the business of carmaker.
Mercedes-Benz CEO Ola Callinius said that the company announced its quarterly earnings that the company “has been operating for more than 120 years,” the United States has been invested. ”
“We have two big action car Side, one in Alabama and one in South Carolina, “said Kaklenius. It is 1 to 10, so 100,000 jobs are related to these plants. Our dealer’s partners, strong private investors in the country, work 28,000 people, and then again, they are residual effect. have: Hot
“Several hundred,000 jobs, tax revenue, etc. are marked in the United States,” he explained. “What is my meaning? The point is that we are also an American company. Yes, we have our headquarters in Germany and our European origin.
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Mercedes-Benz Executive Director Ola Callenus mentioned that the company opens its investments in the United States (Andrew Caballero-Reynolds / AFP VIA GETTY Images / Getty Images)
The light mentioned that Mercedes-Benz has research and development works in the Silicon Valley, as well as a presence in Michigan. He also noted that the company plans to increase its contribution to the United States to expand that trace to move forward.
Grieving | Safety | Last | Vocation | Change% |
---|---|---|---|---|
Naughty | Mercedes-Benz Group AG | 15.5863 | -06 |
-1.66% |
“What’s the way forward? We are ready to continue to invest in billions and we want to develop our trace in the United States. “A little famous fact. We are one of the mains Industrial Exporters: Out of the United States. Two-thirds of the vehicles created in our Tuscaloosa factory actually come out into the world, most of them that are obviously in Europe. “
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The light says that Mercedes-Benz thinks how to change policy changes on its cash flows and, in turn, the possibilities of its investments. (AFP / GETTY Images)
Given the Global Mercedes-Benz’s global presence, they said that the changes in tariffs or other aspects of trade policy could affect the long run. President Donald Trump Yesterday, he signaled that he plans to impose 25% tariffs on imported cars.
“Thus, it is very important for us to change the trade policy, of course,” he said. “When we make investment decisions about new models, you can’t go right on the weekend to leave from one continent to another. They are longer-term obligations to regulate types. And our supply network literally includes all five continents in the world, so it is very, very complicated. It’s more than supply network.
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Mercedes-Benz CEO Ola Kastanlenius said that the zero tariffs of automatic tariffs between the United States and the European Union will promote investments. (ARTUR WIDAK / NURPHOTO VIA GETTY Images / Getty Images)
The job also said that “trade policy can affect our business model”, which policy makers will eventually decide to reduce trade negotiations or even tariffs EUROMIA (EU) would try investments.
“In the case of the EU, in fact The tariff is larger I am entering the United States than at the moment, and someone mentioned why not coincide with zero zero and improve people who will stimulate us more. “If they have such solutions, it would certainly be fantastic.”
“I am not going to manipulate the result of the talks. All I can say is Mercedes-Benz is dedicated to the United States, “he added.
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“We need to make positive money to make our investments. And the financial force is equal to the strength of innovation, equal to return to the shareholder, “said the lack. “We are well aware of things that can have a negative impact on our business model and reduce our cash flow. Thus, if we act as a strong member of the US industrial family, we hope to take into account, and the anti-Armenianism and investments in the United States do not hinder more in the United States. “