Hyperdrive
Mercedes CEO Pushes for Open Markets as China Tensions Grow
- Källenius says auto industry relies on global supply chains
- German carmakers count China as their biggest single market
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Mercedes-Benz Group AG’s top executive sees measures to decouple from China as a risk to healthy competition and global automotive supply chains.
“Open markets is what drives growth and what drives wealth creation,” Mercedes-Benz Chief Executive Officer Ola Källenius said in an interview with Bloomberg Television in New York. “Let’s keep markets open and let market participants fight it out.”