Mercedes-Benz can cut German costs to US levels, CEO says

By Reuters News

- Mercedes-Benz can reduce its costs in Germany to the same level as in the United States, CEO Ola Kaellenius said on Wednesday.

"When we're at an index of 100 right now and the Americans are at around 80 – that's possible," Kaellenius told a business conference hosted by newspaper Sueddeutsche Zeitung.

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