by Pamela Engel
April 28, 2014
Toyota is relocating its sales headquarters from California to Texas to bring its various U.S. operations, which are currently spread across the country, into once space, Reuters reports. (http://www.reuters.com/article/2014/04/28/autos-toyota-motor-marketing-idUSL2N0NK01V20140428
Texas Gov. Rick Perry reportedly courted Toyota by promising lower taxes and easier regulations, according to Bloomberg. (http://www.bloomberg.com/news/2014-04-27/toyota-said-to-plan-to-move-u-s-sales-office-to-texas.html
Sales, service, marketing, advertising, manufacturing, and quality operations will relocate to suburban Dallas, according to Reuters. Employees will be informed of the move on Monday, and some will be offered relocation packages and financial assistance.
The relocation is a blow to California, which holds the biggest auto market in the U.S. Toyota has more than 5,300 employees in California, most of whom work at the Torrance headquarters near Los Angeles, Bloomberg reports.