Toyota Moving U.S. HQ to Texas

Toyota Motor plans to move large numbers of jobs from its sales and marketing headquarters in Torrance, Calif., to suburban Dallas, according to a person familiar with the automaker's plans. The move, creating a new North American headquarters, would put management of Toyota's U.S. business close to where it builds most cars for this market. About 5,300 people work at Toyota's Torrance complex. It is unclear how many workers will be asked to move to Texas. The move is expected to take several years.

Comments