UPDATE 1-Toyota moving U.S. sales headquarters to Texas from California -sources

Mon Apr 28, 2014 12:18am EDT

Related Topics

* Sales operations will relocate to suburban Dallas

* Employees to receive details in Monday webcast

* Financial services also moving to Texas (Rewrites with additional details on relocation)

By Anna Louie Sussman and Paul Lienert

NEW YORK/DETROIT, April 27 (Reuters) - Toyota Motor Corp. is moving its U.S. sales headquarters from southern California to suburban Dallas, according to two people familiar with the company's plans.

The relocation likely will bring much of the Japanese automaker's far-flung U.S. operations under one roof, including sales, service, marketing, advertising, manufacturing and quality, the people said.

Details of the move were shared Friday with senior Toyota executives, the people said. Toyota employees received an email Sunday informing them of a Monday morning webcast from Jim Lentz, chief executive of Toyota North America, they said.

Toyota spokeswoman Julie Hamp would not confirm the move, but confirmed employees were invited to a webcast Monday and said details would be provided at that time.

The new Texas headquarters is expected to house at least three subsidiaries, the people said, including Toyota Motor Sales USA, Toyota Financial Services and Toyota Engineering and Manufacturing North America. The move will begin in August and will take place in stages through the end of 2016, they said.

Employees in Toyota's Torrance offices and other U.S. locations will be offered relocation packages and financial assistance, they said.

Toyota, which established operations in California in 1957, is the second Japanese automaker to relocate from the Los Angeles area.

Nissan Motor Co in 2006 moved most of its operations to Franklin, Tennessee, outside Nashville.

Toyota has a truck assembly plant in San Antonio, Texas, as well as manufacturing and assembly plants in eight other states, including Kentucky, Indiana and Mississippi. (Reporting by Anna Louie Sussman in New York and Paul Lienert in Detroit; Editing by Meredith Mazzilli)

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Comments (6)
LolHahaYou wrote:
What a smart company… They need to go after the truck market since they have already taken the other markets out. They picked an excellent launching place for such actions.

Apr 28, 2014 1:21am EDT  --  Report as abuse
antonionio wrote:
Hmm, time for me to change brands from Toyota.
I feel for any employees having to move to Dallas.

Apr 28, 2014 1:50am EDT  --  Report as abuse
Big2Tex wrote:
antonionio – You choose LA over Dallas??? Bwahahahahahahohohohohhehehehehe…don’t know much about the world now do ya? Toyota execs show their superior intellect by moving to Dallas. California is dying…ask me if I care?

Apr 28, 2014 6:59am EDT  --  Report as abuse
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