And it’s too high, in Germany.

Mercedes-Benz production in Germany is not competitive by international standards, in particular ​due to high labour costs, the premium automaker said on ‌Tuesday, after a top executive warned workers that two plants could close.

The company wants to maintain plants and employment in Germany, it said in an emailed ​statement to Reuters. “But to do that, we need framework conditions ​that boost productivity in Germany,” it added.