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Mercedes declined Lutnick’s bid to move to US, CEO tells The Pioneer

By Thomson Reuters Jan 28, 2026 | 12:57 AM

FRANKFURT, Jan 28 (Reuters) – U.S. Secretary of Commerce Howard ‍Lutnick tried to persuade Mercedes-Benz boss Ola Kaellenius a year ago to move ‌the German carmaker’s ‌headquarters to the United States, but the CEO turned down the offer, ​he told German news site The ‍Pioneer.

Kaellenius ​was quoted as ​saying in an interview ‍that, while the company was global and would invest in the U.S., ‍it could not be “uprooted”.

The CEO added that Lutnick’s proposal, ‍made ‍early last ​year, reflected the ​fierce ⁠global competition for ‌capital that industrial centres in Europe are facing.

(Reporting by Ludwig Burger, editing by Thomas ⁠Seythal)